Core Equity completed the acquisition of a 54% stake in Provalliance for $315m.

Core Equity, a highly differentiated investment advisor, completed the acquisition of a 54% stake in Provalliance, an Europe’s provider of haircare services and products, for $315m. “We are delighted to start this partnership with Franck Provost and Provalliance’s outstanding management team, led by Marc Aublet. This investment illustrates our unique positioning, combining both long-term and active ownership to help a focused portfolio of high quality businesses unleash their full potential,” Pierre Heinrichs, Core Equity Partner.