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New Deal


Announced

Completed

Insight Partners and Index Ventures led a $100m Series B funding in BEAUTY PIE.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Venture Capital

Friendly

Acquisition

Cross Border

beauty buyers club

Private Equity

Single Bidder

E-commerce

Private

United Kingdom

Completed

Synopsis

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Insight Partners, a private equity and venture capital firm, and Index Ventures, an international venture capital firm, led a $100m Series B funding in BEAUTY PIE, a luxury beauty buyers' club. Additional investors included Balderton Capital, General Catalyst and Latitude VC. "Marcia has spent decades building businesses that genuinely treat customers the way she would want to be treated, and BEAUTY PIE is the epitome of that ethos. With its transformative value chain and membership model, BEAUTY PIE lets members have their pie and eat it too: the best products at the best prices. We look forward to our partnership with BEAUTY PIE as they continue to empower beauty and wellness consumers across the UK, the US, and beyond," Rebecca Liu, Insight Partners Principal.

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