Skincare brands enjoy steady demand as loyal customers repurchase products to improve their skin or reverse signs of aging. Private equity firms Health Edge Investment Partners, MPK Equity Partners, and Tower Brook Capital Partners have transacted in the segment. In September, Veridian Healthcare, backed by Health Edge and United Western Group, closed the acquisition of the Scar Science brand from Mitchell-Vance Laboratories in Guilford, Connecticut.
Scar Science offers silicone scar sheets and gels for reducing scar appearance. Meanwhile, Gorgeous Collective, a multi-brand beauty and wellness franchise backed by MPK Equity Partners, acquired Clean Your Dirty Face in August. Based in Chicago, Clean Your Dirty Face provides 30-minute facials and at-home skincare products for anti-aging, sun protection, and acne.
Clean Your Dirty Face now has access to Gorgeous Collective’s centralized operating infrastructure for technology, marketing, and supply chain. In veterinary care, pets living longer create more work for vets and a growing need for AI. Chicago Pacific Founders' pet fund, Off Leash Capital, drove an exit of CoVetAI, an AI platform for veterinary care.
Attractive fundamentals and a deep universe of potential strategic buyers have made skincare a compelling area for private equity investment.
Source: PE Hub · Summarized by HeadlinesBriefing