Advent International Acquires Olaplex

OLAPLEX Acquires Purvala Bioscience

August 26, 2025

Biotechnology

Olaplex Holdings, Inc. has acquired Purvala Bioscience, a Boston-based biotech founded by Dr. Bradley Olsen that develops bioinspired molecules for health and beauty applications. The purchase — Olaplex's first acquisition since launching its brand over ten years ago — is intended to accelerate product innovation by combining Purvala’s molecular technologies with Olaplex’s patent-protected bond-building platform.

Advent International (via Odara/LAPEF VII) Invests in Skala Cosméticos

February 28, 2024

Consumer Products

Advent International, through its Latin America vehicle Odara Participações funded by LAPEF VII, announced a strategic growth investment in Skala Cosméticos, a leading Brazilian haircare and vegan cosmetics brand. The capital will support expansion of Skala's manufacturing capacity, distribution network and international presence while keeping existing founders as shareholders and appointing Cyro Gazola as CEO.

Unilever Acquires K18 Haircare

January 3, 2024

Consumer Products

Unilever has agreed to acquire premium biotechnology haircare brand K18, with the deal expected to close in the current quarter (targeted Q1 2024). K18 — known for its proprietary K18Peptide and sold through salons, retail and e-commerce — will join Unilever’s Prestige unit as part of the company’s strategy to grow its premium beauty portfolio and add differentiated biotech haircare capabilities.

Advent International Acquires Majority Stake in Parfums de Marly Group

June 22, 2023

Consumer Products

Advent International has agreed to acquire a majority shareholding in the group behind luxury fragrance brands Parfums de Marly and INITIO Parfums Privés from founder Julien Sprecher. Sprecher will remain as Executive Chairman, Creative Director and a large minority shareholder while Advent will support the Group's international expansion and omni-channel strategy.

L'Oréal Completes Acquisition of Aesop

August 30, 2023

Consumer Products

L'Oréal has completed its acquisition of luxury beauty brand Aesop from Natura &Co. The deal brings Aesop into L'Oréal's Luxe Division as the company looks to accelerate the brand's global expansion, particularly in China, while preserving its distinctive identity and values.

Advent International Acquires Significant Stake in Imperial Dade from Bain Capital

May 2, 2022

Logistics & Distribution

Advent International has signed a definitive agreement to acquire a significant stake in Imperial Dade, the leading North American distributor of foodservice packaging and janitorial supplies, from Bain Capital Private Equity. Bain Capital will retain board governance and remain a significant investor alongside the Tillis family and Audax, while Imperial Dade will continue to be led by Chairman Robert Tillis and CEO Jason Tillis; financial terms were not disclosed.