LOS
ANGELES, July 10, 2024 /PRNewswire/ -- West Lane
Capital Partners LLC ("West Lane"), a California based private equity firm, has
acquired the Beauty Bakerie Cosmetic Brand ("Beauty Bakerie" or the
"Company"). Terms of the transaction were not disclosed.
Founded by Cashmere Nicole, Beauty Bakerie is a leading cosmetic
line that offers a collection of uniquely captivating, premium
quality and high-performance makeup and skincare products, designed
to help everyone feel beautiful inside and out. Beauty Bakerie is
sold in numerous retail outlets throughout the country and
internationally as well as direct to consumers through the company
website (www.beautybakerie.com).
As part of the deal, West Lane will bring its strong industry
relationships and knowledge to support the continued growth and
distribution of the Beauty Bakerie brand as well as establish new
innovative products. West Lane has built a large and diverse beauty
and wellness platform through numerous acquisitions in the industry
and continues to grow its portfolio of companies in this space.
"We are excited to add the Beauty Bakerie brand to the West Lane
platform of beauty and wellness businesses, and we look forward to
continue providing clean, high quality and innovative products
under the Beauty Bakerie brand," said Nick Sternberg, managing
partner of West Lane. "The brand fits very well into our portfolio
and we see significant synergies between Beauty Bakerie and our
collection of brands under the West Lane umbrella."
Founder Cashmere Nicole added, "Becoming part of the West Lane
portfolio is the ideal strategic decision for Beauty Bakerie,
offering significant benefits and growth opportunities for our
brand. Over the past decade, we have established ourselves at the
crossroads of beauty, culture, and change, and we are eager for
this legacy to continue within the West Lane group, bringing even
more value to our loyal customers."
West Lane Capital Partners, LLC based in Los Angeles,
CA is a private investment firm that partners with
entrepreneurs and management teams to invest in lower middle-market
companies. In addition to providing capital, West Lane is actively
engaged partners across the strategy, operations, and finance
functions within its portfolio businesses.
(www.Westlanecap.com)
Contact:
|
Nick Sternberg –
nick@westlanecap.com
|
|
Michael Wentz –
michael@westlanecap.com
|
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SOURCE West Lane Capital Partners