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New Deal


Announced

Completed

Provenance and Silas Capital completed the $40m investment in Makeup by Mario.

Financials

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Transaction Value£32m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Single Bidder

cosmetics

Cosmetics

Completed

United States

Private Equity

Domestic

Acquisition

Minority

Private

Synopsis

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Provenance, a consumer-focused private investment firm, and Silas Capital, an emerging growth equity and venture capital firm, completed the $40m investment in Makeup by Mario, a rapidly-growing, artist-driven color cosmetics brand. "We were at an important milestone in the company's growth, and we were looking for the right financial partners to guide us on the next step of that journey. Our goal is to build a legacy that we can be proud of, one based on timeless beauty principles. We've found the ideal partners in Provenance and Silas for that journey," Mario Dedivanovic, Makeup by Mario Founder.

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