Mona Kattan and General Atlantic to acquire KAYALI from Huda Beauty.

Mona Kattan, a Huda Beauty Co-Founder, and General Atlantic, a private equity company, agreed to acquire KAYALI, a perfume brand, from Huda Beauty, a cosmetics line. Financial terms were not disclosed. “This is such a pivotal moment for KAYALI, and we are very excited for the next chapter of Mona and KAYALI’s journey. It’s been such an amazing experience working so closely with Mona over the years - I have loved every minute of it, and I’m also so excited to see what the future holds as KAYALI continues to grow. I’m so unbelievably proud of Mona’s success and I’ll always be cheering her on!" Huda Kattan, Huda Beauty Founder and CEO.