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New Deal


Announced

Starco Brands to acquire Skylar.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

United States

Domestic

Pending

Majority

Friendly

Single Bidder

beauty brands

Cosmetics

Synopsis

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Starco Brands, an inventor of consumer products with behavior-changing technologies, agreed to acquire Skylar, a maker of fragrances that are hypoallergenic and safe for sensitive skin. Financial terms were not disclosed. "We are so happy to welcome Skylar to the Starco Brands family. Cat Chen and her team have done an incredible job pioneering and building a ground-breaking, clean, beautiful, premium, incredibly well-scented, and recyclable fragrance brand that most thought impossible just a few short years ago. With a strong retail, DTC and subscription business, we look forward to working with Cat and her team to take Skylar to the next level and build the next industry power brand," Ross Sklar, Starco Brands founder and CEO.

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