Trending...
- Joseph Nybyk aka Neibich of Gilbert, Arizona
- City of Tacoma Observes Memorial Day on May 25
- Blank Space: The Unofficial Taylor Swift Tribute Brings Eras Tour Magic To Cities Across America
West Lane Capital Partners, LLC Expands Its Beauty and Wellness Portfolio Through Its Investment in Simply Organic Beauty
PALM HARBOR, Fla. - Washingtoner -- West Lane Capital Partners LLC ("West Lane"), a California based private equity firm, in partnership with J.P. Morgan Asset Management's Private Equity Group has acquired a majority interest in International Hair and Beauty Systems LLC DBA Simply Organic Beauty ("Simply Organic" or the "Company"). Scott Mitchell, the Company's founder, remains a significant shareholder in the Company and will continue to serve as Chief Executive Officer of the business and a member of its Board of Directors.
Simply Organic, based in Palm Harbor, Florida, is a leading developer and provider of luxury, professional-only, organic & clean beauty products. The Company has built a dedicated community of professional beauty customers over the last twenty-years through maintaining a strong focus on the health, wellness, success, and continued education of the professional beauty artisan (www.SimplyOrganicBeauty.com).
More on Washingtoner
Simply Organic's most recent success in its continually innovative, professional-centric approach to the beauty industry has been the launch of "Holistic Hair Tribe" (www.HolisticHairTribe.com), its unique P2C (professional to consumer) beauty referral platform. The network enables salons to sell product directly from Simply Organic's broad catalog of items while having these specialized luxury and clean beauty products delivered directly to their client's homes. This unique platform has activated the Company's large and passionate base of salon professionals as an extension of its sales force while creating an expansive network of trusted influencers.
Simply Organic plans to continue to execute and expand on its current strategy. Mitchell said, "We could not have selected a more accretive growth partner in West Lane and the opportunity to work with other beauty brands within West Lane's portfolio including Blossom Beauty (www.BlossomBeauty.com) and the BodySpa Group (www.BodySpaSalons.com) represents an exciting and promising opportunity for partnership and growth."
More on Washingtoner
Nick Sternberg, Managing Partner of West Lane, added: "We are very excited to partner with Scott and the entire Simply Organic team to continue growing the Company's platform into a larger, more comprehensive, and global ecosystem of brands, enthusiastic beauty professionals, and innovative technologies focusing on the ongoing success of independent beauty professionals and salons."
Simply Organic was represented by Capstone Partners in the transaction. Terms of the transaction were not disclosed.
West Lane Capital Partners, LLC based in Los Angeles, CA is a private investment firm that partners with entrepreneurs and management teams to invest in lower middle-market companies. In addition to providing capital, West Lane are actively engaged partners across the strategy, operations and finance functions within its portfolio businesses.
Simply Organic, based in Palm Harbor, Florida, is a leading developer and provider of luxury, professional-only, organic & clean beauty products. The Company has built a dedicated community of professional beauty customers over the last twenty-years through maintaining a strong focus on the health, wellness, success, and continued education of the professional beauty artisan (www.SimplyOrganicBeauty.com).
More on Washingtoner
- Zenylitics Announces Leadership Transition to Continue Accelerated Growth
- A Statement from Pierce County Executive Ryan Mello and Tacoma City Council Member Kristina Walker on Vote Regarding Sound Transit 3 Long-Range Financial Plan
- Wellness Technology Distributor Helping People Set Up Wellness Center Businesses
- City to Establish Spokane Urban Native Advisory Council
- Christian Apocalyptic Thriller Explores Biblical Prophecy, Global Technology, & the Rise of the Ant
Simply Organic's most recent success in its continually innovative, professional-centric approach to the beauty industry has been the launch of "Holistic Hair Tribe" (www.HolisticHairTribe.com), its unique P2C (professional to consumer) beauty referral platform. The network enables salons to sell product directly from Simply Organic's broad catalog of items while having these specialized luxury and clean beauty products delivered directly to their client's homes. This unique platform has activated the Company's large and passionate base of salon professionals as an extension of its sales force while creating an expansive network of trusted influencers.
Simply Organic plans to continue to execute and expand on its current strategy. Mitchell said, "We could not have selected a more accretive growth partner in West Lane and the opportunity to work with other beauty brands within West Lane's portfolio including Blossom Beauty (www.BlossomBeauty.com) and the BodySpa Group (www.BodySpaSalons.com) represents an exciting and promising opportunity for partnership and growth."
More on Washingtoner
- The Hidden Price Of Lost Property In UK Schools
- Milton Collier, CEO & President of Freight Broker 911, Eliminates the #1 Barrier to Entry in Logistics: Announces 100% Free Freight Broker Training
- FDA-Cleared AI Neuropsychiatry Platform, Million-Dose Ketamine Manufacturing and Presidential Psychedelic Initiative Drive Growing Momentum for NRXP
- AI Velocity Trading Launches Institutional-Grade Algorithmic Engine for Retail Investors
- Speaker and Certified Coach Syrena N. Williams Debuts Powerful New Book on Healing, Identity, and Wholeness
Nick Sternberg, Managing Partner of West Lane, added: "We are very excited to partner with Scott and the entire Simply Organic team to continue growing the Company's platform into a larger, more comprehensive, and global ecosystem of brands, enthusiastic beauty professionals, and innovative technologies focusing on the ongoing success of independent beauty professionals and salons."
Simply Organic was represented by Capstone Partners in the transaction. Terms of the transaction were not disclosed.
West Lane Capital Partners, LLC based in Los Angeles, CA is a private investment firm that partners with entrepreneurs and management teams to invest in lower middle-market companies. In addition to providing capital, West Lane are actively engaged partners across the strategy, operations and finance functions within its portfolio businesses.
Source: West Lane Partners, LLC
0 Comments
Latest on Washingtoner
- Color Card Administrator Highlights Growing Enterprise Demand for Workflow Orchestration in Enterprise Business Card Governance
- Tennessee Laws Lead with Psychotropic Drug Testing in Mass Shooting Cases and Comprehensive Reporting: CCHR Urges Nationwide Adoption
- Curious About Mensa? DFW Event Offers a 1-Day Immersion
- Tacoma: Applicants Sought for the Transportation Commission
- Tacoma: Update Homicide Investigation – Arrest – 1200 block of South M Street
- Tacoma: Homicide Investigation – 1200 block of South M Street
- Buzzblender Announces Launch of Simple Hotel Mode for Android and Upcoming Video Wall Support for Samsung Professional Displays
- How Strategic WooCommerce Development and Digital Marketing Helped a Fashion Ecommerce Business Increase Revenue by 3X
- VIV Welcomes Residents to St. Petersburg's EDGE District
- Evocative Joins the Independent Data Centre Network (IDCN) as Primary USA Operator
- Medical Experts Highlight the Importance of Second Opinions in Death Investigations
- Joseph Nybyk aka Neibich of Gilbert, Arizona
- Omnitronics Unveils 100% Software omniGateDMR and omniGateP25 RoIP Gateways
- KRE PRIME Launches Adaptive Convertible Jumpsuit
- USA Med Bed Helping Home Care Patients with Refurbished Hill Rom Hospital Beds
- Sobreseimiento de Nicolás dos Santos y Jorge Méndez expone demandas millonarias a Paraguay y boicot a la Hidrovía
- CAPHRA warns Southeast Asia not to repeat Australia's nicotine policy failure
- Milo3D.ai Launches Free AI 3D Model Generator That Turns Text and Images Into Game-Ready 3D Assets in Seconds
- UK Financial Ltd Executes 100% Success Rate on All ERC-3643 Transfers to Coin Holders of MayaCat Regulated Security Token and Maya Preferred PRA
- City of Tacoma Observes Memorial Day on May 25