09.02.21
Goldman Sachs Managing Director Lindsay Drucker Mann has reportedly quit the investment banking firm to join Il Makiage. Drucker Mann is said to be joining the makeup company as its global chief financial officer. Il Makiage is funded, in part, by L Catterton, a private equity firm with substantial holdings in the beauty industry. With brands that include Bliss, CoverFX, Etvos, Jou, La Thérapie, Laboratoire Remède and Tula, L Catterton is ranked No. 41 in Happi's The Top 50.
Last week, L Catterton agreed to sell Strivectin to Crown Laboratories. Terms of the transaction were not disclosed.
At Goldman Sachs, Drucker Mann led consumer and consumer-technology equity capital markets in the US. Neither Goldman Sachs or Il Makiage confirmed the move. Despite the exit of Drucker Mann, Goldman Sachs remains a player in the beauty business. For example, earlier this year, the company led a funding round for Perfect Corp.
Last week, L Catterton agreed to sell Strivectin to Crown Laboratories. Terms of the transaction were not disclosed.
At Goldman Sachs, Drucker Mann led consumer and consumer-technology equity capital markets in the US. Neither Goldman Sachs or Il Makiage confirmed the move. Despite the exit of Drucker Mann, Goldman Sachs remains a player in the beauty business. For example, earlier this year, the company led a funding round for Perfect Corp.