Lee Equity Partners has acquired Cosmetic Solutions, a turnkey outsourced service provider to premium skincare brands. Twin Brook Capital Partners provided $90.5 million of debt financing to support the acquisition.
Cosmetic Solutions provides custom skincare formulation and manufacturing for emerging and established brands, as well as skincare professionals. The company has an extensive library of thousands of active formulations and sells to more than 1,000 customers worldwide.
“We have devoted more than 25 years to establishing our brand as an internationally recognized expert in the research, development and production of technologically advanced skincare products,” said Warren Becker, CEO of Cosmetic Solutions. “With Lee Equity’s knowledge and experience in the industry, we look forward to maintaining our standard of excellence with our longstanding customers while expanding to meet the increasing market demand.”
Lee Equity invests in market leaders in high growth, high return on capital industries.
The Sage Group served as exclusive financial advisor to Cosmetic Solutions.
