e.l.f. Beauty Acquires rhode for $1 Billion
May 30, 2025
e.l.f. Beauty (e.l.f. Beauty, Inc.) signed a definitive agreement to acquire rhode, the multi-category lifestyle beauty brand founded by Hailey Bieber, in a $1 billion deal. The transaction includes $800 million at closing (cash and stock) plus up to $200 million in potential earnout consideration, and is expected to close in the second quarter of fiscal 2026.
- Buyers
- e.l.f. Beauty (e.l.f. Beauty, Inc.)
- Targets
- rhode
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.