Bluegem Capital Partners completed the acquisition of a 97% stake in Pool Service from Accord Management and Cattaneo family.

Bluegem Capital Partners, a mid-market private equity fund focused on consumer brands, completed the acquisition of a 97% stake in Pool Service, a professional hair care group and owner of the Medavita brand, from Accord Management and the Cattaneo family, a private investment firm. Financial terms were not disclosed. “We are excited to complete our third investment in the beauty industry in less than two years. We view this acquisition as the basis of a haircare platform and are actively looking to consolidate the market by acquiring additional leading independent haircare brands,” Constantin Rojahn, Bluegem Director.