Leste Group Acquires Significant Stake in Prestige Cosmetics
March 5, 2024
Leste Group has acquired a significant stake in Prestige Cosmetics, a leading Brazilian distributor of luxury perfumes, cosmetics and skincare brands. The private equity investment will support Prestige's international expansion — particularly into North America — while strengthening its retail and e-commerce capabilities; financial terms were not disclosed.
- Buyers
- Leste Group
- Targets
- Prestige Cosmetics
- Industry
- Consumer Products
- Location
- Rio de Janeiro, Brazil
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
L'OCCITANE Group Acquires Majority Stake in Sol de Janeiro
November 15, 2021
Consumer Products
The L'OCCITANE Group has acquired an 83% indirect majority stake in Sol de Janeiro, a fast-growing US-founded premium body care and lifestyle beauty brand. The strategic acquisition expands L'OCCITANE's multi-brand portfolio and aims to leverage its international footprint to accelerate Sol de Janeiro's global growth across body care, fragrance and hair care channels.
-
Lee Equity Acquires Cosmetic Solutions
October 22, 2019
Manufacturing
Lee Equity Partners has acquired Cosmetic Solutions, a Boca Raton-based turnkey skincare formulation and manufacturing partner for premium and emerging brands. The founder-led management team will remain in place with meaningful equity, and Lee Equity will support growth and scale Cosmetic Solutions' R&D and manufacturing capabilities to meet rising market demand.
-
KKR Acquires Majority Stake in Vini Cosmetics
July 15, 2021
Consumer Products
KKR has completed the purchase of a majority stake in Vini Cosmetics, a leading Indian personal care and beauty products company. Vini's co-founders retain a significant stake and will continue in board roles as KKR partners with management to expand product categories, grow e-commerce, and broaden distribution domestically and internationally.
-
TriSpan Acquires Majority Stake in Prestige PEO Holdings
January 11, 2021
Staffing & HR
TriSpan LLP (via TriSpan Opportunities LP and TriSpan Opportunities II LP) has completed a majority-investment acquisition of Prestige PEO Holdings, LLC (PrestigePEO), a Melville, New York-based professional employer organization. The capital will be used to accelerate Prestige's market expansion, enhance its technology infrastructure, and support organic growth as well as potential add-on acquisitions.
-
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.
-
American Pacific Group Invests in Gym Launch and Prestige Labs
January 11, 2022
Consumer Products
American Pacific Group (APG) Fund I made a growth investment in Gym Launch and Prestige Labs to support the combined company's growth, development of new value-added services, and new product development. The investment will help accelerate expansion of Gym Launch's coaching business and Prestige Labs' premium fitness supplement product portfolio.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.