Full Disclosure
Milk Makeup Backer Main Post Partners Execs On The Power Of Sephora And Breakout Hero Products
Main Post Partners has big aims for its beauty business and a big pocketbook to accomplish them. The San Francisco-based private equity firm operates two investment funds in excess of $1.1 billion combined. It has...
True Beauty Ventures Co-Founder Cristina Nuñez: Ready To Bankroll Change
Cristina Nuñez is a beauty industry double threat. She comes to new firm True Beauty Ventures, which she started with veteran beauty investor Rich Gersten, with financial and operational chops. After graduating Duke University, Nuñez plunged into...
This Indie Beauty Brand Made Hand Sanitizer Long Before It Was A Big Deal
Long before there were social media-savvy hand sanitizer brands like Touchland, Olika and Merci Handy, there was Jao Brand and Purell. Jao is the anti-Purell. Launched in 1997, it’s stylish hand sanitizer is upscale, multipurpose,...
Rich Gersten On His New Firm True Beauty Capital And Finding Investment Opportunities In A Challenging Time
Last year was a record-breaking one for beauty investment. According to Capstone Headwaters, there were 148 personal care deals, up from 118 in 2018. Big-name targets such as Tatcha, Drunk Elephant and Elemis fetched...
How Oars + Alps Went From Launch To Exit In Less Than 36 Months
Typically, founders don’t talk about their brand being acquired before a deal is done, but are free to celebrate—and spill—after an acquisition. That’s not the case with Mia Saini Duchnowski and Laura Lisowski Cox. Apparently for legal reasons,...
“Quality Of Revenue Matters”: Tengram Capital Partners’ Richard Gersten On His Investment Strategies And The Mistakes Young Beauty Brands Make
In the beauty industry, investors don’t usually have the name recognition of successful entrepreneurs and long-tenured executives. Richard Gersten is an exception. Among the beauty business cognoscenti, the Tengram Capital Partners partner is a well-known entity—and, for...
