Carmell Corporation Acquires Elevai Skincare Business from PMGC

SK Capital Acquires Florachem from Carmelina Capital

May 4, 2022

Manufacturing

Funds advised by SK Capital Partners acquired Florachem Holdings, LLC from an affiliate of Carmelina Capital. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction. The deal positions SK Capital to grow Florachem's natural plant-based ingredients platform and support ongoing capacity and capability investments at its Jacksonville facility.

Knox Lane Acquires Majority Stake in Elevation Labs from Clearview Capital

July 7, 2022

Manufacturing

Knox Lane announced a strategic majority investment in Elevation Labs (NCL Acquisition Corp. and subsidiaries), acquiring the company from Clearview Capital Fund III. Varagon Capital Partners supported Knox Lane’s investment; Elevation Labs is a contract formulator and manufacturer of premium skincare, haircare and color products with facilities in Idaho Falls, Idaho and Denver, Colorado.

Incline Equity Partners Partners with Cosmetic Skin & Laser Center

July 25, 2023

Healthcare Services

Incline Equity Partners, a Pittsburgh-based private equity firm, has partnered with Cosmetic Skin & Laser Center (CSLC), a multi-location aesthetic medical practice headquartered in Petoskey, Michigan. Incline will support CSLC's expansion through strategic M&A and greenfield openings while the founders and management continue to operate the business.

CV Sciences Acquires Elevated Softgels

May 13, 2024

Manufacturing

CV Sciences, Inc. has completed an equity purchase of Elevated Softgels, LLC, a GMP-certified manufacturer of encapsulated softgels and tinctures, which will operate as a wholly owned subsidiary. The acquisition (up to $1.0M consideration) is intended to in-source production for CV Sciences' +PlusCBD products, increase sales to current and new clients, and leverage Elevated Softgels' low-MOQ and flexible production capabilities to drive cost savings and growth.

CTG Acquires Eleviant Tech to Expand Digital Transformation and SaaS Capabilities

September 29, 2022

IT Services

CTG (Nasdaq: CTG) has acquired Eleviant Tech, a Dallas-based digital transformation firm, to strengthen CTG’s capabilities in AI/ML, intelligent automation, cloud migration, and SaaS platforms. The acquisition adds approximately $10 million of annualized revenue, increases CTG’s global delivery capacity with Eleviant teams in Chennai and Coimbatore, India, and is expected to be accretive to operating results.

P&G Beauty (Procter & Gamble) Acquires Mielle Organics

January 12, 2023

Consumer Products

P&G Beauty, a division of Procter & Gamble, is acquiring Mielle Organics, the textured hair care brand founded by Monique and Melvin Rodriguez, with the deal pending regulatory approval. Berkshire Partners has sold its stake in Mielle; the brand will operate as an independent subsidiary led by its founders and both P&G and Mielle have committed $10 million each to the Mielle Cares charity to expand community impact.