Private equity company North Castle increases footprint in personal care

Related tags North castle Personal care Cosmetics

Private equity firm North Castle Partners has invested in Palladio Beauty Group, extending its presence in the personal care sector.

Florida-based Palladio Beauty is a marketer of premium color cosmetics and skincare products sold in the beauty supply and professional beauty channels, both nationwide and overseas.

The company targets high quality products combined with innovation for the value-priced category, where it claims to enjoy strong brand loyalty among its domestic and growing international customer and consumer base.

"Providing high quality personal care products and services remains a cornerstone of North Castle's mission to partner with industry leading companies in the Health, Wellness, and Active Living market,"​ said Lou Marinaccio, a North Castle managing director.

"Our cumulative experiences in the personal care industry through our successful prior investments in Avalon Organics, Alba Botanicals, and Doctors Dermatologic Formula, combined with our current investments in gloProfessional, Mineral Fusion Natural Brands, and the Red Door Spa has provided North Castle with a deep knowledge base and network to support the Palladio team in accelerating company growth."

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