Announced
Completed
Synopsis
TSG Consumer Partners, a private equity firm, completed the acquisition of a majority stake in Radiance, a platform representing a collection of premier brands in the beauty, wellness, and self-care sectors. Financial terms were not disclosed. “TSG has an impressive track record of building and scaling world-class beauty and franchising brands, and we are thrilled to work with them. We couldn’t be more excited to leverage TSG’s resources and expertise as we look to expand our platform and enhance our value proposition for franchisees, beauty care professionals, and consumers across our portfolio. As we build on our momentum and the powerful growth opportunities ahead, it’s critical that we collaborate with a partner that understands our business and has been down a similar road many times with brands that we admire," Christina Russell, Radiance CEO.
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