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New Deal


Announced

Completed

Thomas Tull, Franklin Templeton, Fidelity Management & Research Company and First Light led a $130m funding round in Il Makiage.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private

Private Equity

Single Bidder

Minority

Friendly

Venture Capital

Cosmetics

United States

beauty brands

Acquisition

Domestic

Synopsis

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Thomas Tull, Franklin Templeton, Fidelity Management & Research Company and First Light led a $130m funding round in Il Makiage, a prestige direct-to-consumer beauty brand. "I am forever enthralled by companies that have the foresight to harness the power of technology and digital analytics to truly understand their consumer base to create new products and innovations that not only fill voids but revolutionize industries. ODDITY is an excellent example of this kind of organization and their capabilities – and technology applications – expand well beyond the beauty and wellness industry. I am excited to partner with them on their growth plans within their industry and beyond," Thomas Tull.

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