Personal care provider Paris Presents changes private equity hands

By Simon Pitman contact

- Last updated on GMT

Personal care provider Paris Presents changes private equity hands

Related tags: Corporate governance, Cosmetics, Corporate title

Beauty and bath products manufacturer Paris Presents has been sold by Mason Wells and passes into the hands of another private equity company, Wassertein & Co.

Headquartered in Gurnee, Illinois, the company has had the enviable title of being one of America’s fastest growing companies, having posted sales growth of $35 m in 2013, to top $100 m in revenues.

It provides a broad portfolio of branded personal care products that includes cosmetic and bath accessories distributed both nationally and internationally, in pharmacies, mass retailers, beauty stores and online.

The company’s portfolio is made up of five principal brands – Ecotools, Real Techniques, Body Benefits, Studio Basics and Razz Bath & Shower Accessories – that include make-up brushes, hair brushes, scrubs and more.

“Under our ownership, Paris Presents has emerged as one of the fastest growing branded personal care Companies,” ​said Kevin Kenealey, senior managing director at Mason Wells.  

“The management team established the Company as a leader in its categories through world-class product innovation, consumer insights, leading edge marketing strategies, and operational excellence.”

Next chapter of the company's growth...

Wasserstein & Co is a leading private equity and investment company focused on company buyouts funded from equity partner funds that have so far amounted to $750 m.

“We are looking forward to the next chapter of our growth story with our new partnership with Wasserstein & Co,” ​said Patrick O’Brien, chief executive officer at Paris Presents. 

“While we have enjoyed considerable growth and success over the past years, we are very excited about the Company’s future prospects, and our new relationship with Wasserstein & Co.”

Related topics: Business & Financial

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