Adamantem Capital, an Australian private equity firm, completed the acquisition of an 85% stake in NAK Hair, an Australian haircare company, for $77m. “Adamantem’s investment is a huge vote of confidence in the strengths of our team, who have dedicated their efforts into crafting the incredible business NAK is today. Adamantem is an Australian private equity group with a reputation for investing in high-potential businesses like ours and partnering with founders and management teams to deliver results," Sonia Chadburn, NAK Hair CEO.