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Announced

Completed

Equicapita completed the acquisition of Visage Cosmetics.

Synopsis

Equicapita Investment, a private equity firm, completed the acquisition of Visage Cosmetics, a franchisor of retail beauty and cosmetics services and products in Ontario. Financial terms were not disclosed. "Equicapita is targeting investment opportunities in the beauty product and services market due to its consistent demand profile in all economic environments and favorable long-term growth prospects. In addition to meeting these criteria, Visage Cosmetics has an experienced and dedicated senior management team, led by Nathan Tam and many successful, long-term franchisees. We are fortunate and excited to have the opportunity to partner with Nathan and the Visage Cosmetics team and franchisees to continue strengthening and growing the business and brand going forward," Adam Jezewski, Equicapita's Managing Director.

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