Ulta Beauty to acquire Space NK from Manzanita Capital.

Ulta Beauty, a beauty retailer, agreed to acquire Space NK, a British retailer specializing in personal care and beauty products, from Manzanita Capital, a private equity firm. Financial terms were not disclosed. “We are excited to enter the UK market via the Space NK banner. International expansion is an integral part of our Ulta Beauty Unleashed plan, and the acquisition of Space NK offers a unique and strategically compelling opportunity to enter the growing UK market with a successful and growing brand. Along with our initiatives in Mexico and the Middle East, we are creating a broader platform for Ulta Beauty to unlock long-term, profitable growth,” Kecia Steelman, Ulta Beauty president and chief executive officer.