Highlander Partners completed the acquisition of RMS Beauty.

Highlander Partners, a private equity firm, completed the acquisition of RMS Beauty, a line of living-ingredient-based products that offer true artist-quality performance. Financial terms were not disclosed. "Like Rose-Marie herself, the RMS brand is unique. It was the prescient first-mover in clean beauty and continues to push the industry with its formulation standards. Yet it also creates the highest quality and most effective products, as you'd expect from a master makeup artist. With these attributes, RMS has an opportunity to scale considerably. We intend to revamp the brand, strengthen and expand RMS' extensive retail relationships, drive the DTC business, and enhance and broaden the product assortment," David Olsen, Highlander Managing Director.