Promise Holdings Acquires Beauty4U from the Seok Family

February 12, 2026

Promise Holdings led an investor group to acquire Beauty4U, a multi-location wig and beauty supply retail chain serving the Washington, D.C. metro area, from the Seok family. Newport LLC and GROW and SELL Advisors acted as exclusive advisors to the sellers; the buyer intends to provide operational support and resources to grow the brand and preserve its specialty retail positioning.

Buyers
Promise Holdings (lead investor)
Targets
Beauty4U
Sellers
Seok family (Julius Seok and Gillian Seok)
Industry
Retail
Location
Maryland, United States
Transaction Type
Buyout

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