Announced
Completed
Synopsis
Beauty Industry Group, an operator of hair extensions, lash enhancement and other beauty and lifestyle businesses completed the acquisition of BELLAMI Hair, a manufacturer of hair extensions and hair care products. This transaction is supported by existing BIG investors, including L Catterton and HGGC. Financial terms were not disclosed. "The brand has a remarkable runway for growth, and we look forward to working with the team to equip BELLAMI with the product innovation, data insights and analytics, performance marketing expertise, and supply chain focus that BIG has cultivated through our ongoing brand building efforts. Our partnership with BELLAMI represents an important step towards creating a complete hair solutions company that tells the story of how hair products can solve problems for women around the world," Derrick Porter, Beauty Industry Group CEO.
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