Announced
Synopsis
TSG Consumer Partners, a private equity firm, to acquire a minority stake in Summer Fridays, a premium skincare and hybrid makeup brand, from Prelude Growth Partners, a private equity firm. Financial terms were not disclosed. “We are thrilled to partner with TSG as we enter this new chapter of growth. TSG has an extensive record of growing consumer brands in beauty and can support our expansion with their digital, operational, and consumer insights capabilities. We look forward to accelerating our innovation and global distribution alongside a partner that shares our values and supports our commitment to delivering effortless, gentle options for our customers," Marianna Hewitt and Lauren Ireland, Summer Fridays Co-Founders.
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