North Castle Partners, a private equity firm, agreed to acquire a majority stake in NEST New York, a manufacturer and retailer of luxury home fragrances, from Eurazeo, an investment company, at $200m valuation. “Since I founded NEST in 2008, I have been fortunate to have exceptional partners that have helped the brand solidify its position as one of the world’s most trusted and highly regarded fragrance brands. I am deeply grateful for Eurazeo’s partnership and expertise, which have enabled the business to flourish and deliver impressive growth over the past five years. As the brand embarks on its next chapter of growth, I look forward to partnering with North Castle and reuniting with Rich Gersten, whom I have had the pleasure of working with in the past," Laura Slatkin, NEST New York Founder.