beauty & personal care
Beauty brand Mamaearth raises $204m in India IPO
India’s Honasa Consumer, the private equity-backed parent of mother-and-baby brand Mamaearth, raised about USD 204m in a domestic IPO, facilitating several partial exits.
L Catterton backs beauty industry biotech supplier
L Catterton has led a CNY 200m (USD 27m) Series B round for Trautec, a China-based biotech start-up that develops synthetic proteins used in beauty and healthcare products.
Vertex leads $20m round for India D2C beauty player
Vertex Ventures Southeast Asia and India (VVSEAI), an affiliate of Temasek Holdings-owned Vertex Holdings, has led a USD 20m Series B round for Indian D2C beauty and personal care brand Pilgrim.
ShawKwei completes duo of US acquisitions
Asia-focused industrials specialist ShawKwei & Partners has completed two investments in the US spanning packaging manufacturing and environmental chemicals.
Deal focus: AGIC eyes beauty with industrial characteristics
Pure Trade runs a network of third-party manufacturers that provide packaging to global beauty brands. AGIC saw an asset that sat neatly in its Asia-Europe industrial supply chain sweet spot
AGIC buys French beauty packaging player
AGIC Capital, a specialist in Asia-Europe cross-border deals, has acquired Pure Trade, a Paris-headquartered packaging supplier to the global beauty industry.
US GP backs Australia skin tanning products brand
Gauge Capital, a US private equity firm with experience in the Australian health and beauty space, has invested in local tanning cream brand Loving Tan. Financial terms were not disclosed.
Australia's PE-backed Silk Laser set for take-private
Australia-listed Silk Laser Clinics, a non-surgical aesthetics business backed by local PE firm Advent Partners, has signalled it intends to accept a take-private offer from Hong Kong’s EC Healthcare.
East leads $20m Series A for Indonesia's Praktis
East Ventures has led a USD 20m Series A round for Indonesian logistics technology start-up Praktis with support from Sinar Mas Digital Ventures (SMDV).
Japan VCs back hair colouring chain
A group of Japanese VC investors including Global Brain have provided JPY 1.1bn (USD 8.4m) in Series A funding to Fast Beauty, operator of hair colouring shop chain Fufu.
Carlyle buys India skincare, beauty platform
The Carlyle Group has acquired a majority stake in VLCC, an Indian skincare and beauty platform backed by Everstone Capital, for an undisclosed sum.
Insignia invests $10m in Thai beauty start-up
Insignia Ventures Partners has provided USD 10m in Series A funding to Thailand’s Konvy, a 10-year-old beauty e-commerce start-up.
Energy transition case study: Axilone
Energy accounts for a relatively small portion of cosmetics packaging producer Axilone’s overall costs, but rising prices in Europe prompted owner Trustar Capital to accelerate transition efforts
Japan's Aspirant buys beauty brand John Masters Organics
Japanese middle-market private equity firm Aspirant Group has agreed to acquire John Masters Organics (JMO), a personal care brand with a sizeable presence in East Asia, for an undisclosed sum.