CriticalPoint Partners is pleased to announce that Northwest Cosmetic Laboratories, LLC (“NCL”), a portfolio company of Clearview Capital, has completed the acquisition of Dream Team Beaute, LLC (“Dream Team”). CriticalPoint Partners sourced the proprietary opportunity and facilitated an introduction, recognizing the potential for a valuable strategic partnership.
NCL is a highly-reputable formulator and manufacturer of innovative skincare and color cosmetic products for top beauty brands. Dream Team, a cosmetics formulator of Sun Valley, CA, has experienced rapid growth since its inception in 2013 by providing trend-setting styles to its loyal customer base. Dream Team’s creative and unique expertise in product development will greatly complement the NCL platform, expanding upon existing capabilities and offerings.
“We are very excited to partner with Dream Team, which has a strong reputation for creating unique, fashion-forward products,” said NCL CEO, Matt Bryant. “We have been seeking an acquisition that would complement our brand and bring a new element of innovation. We found these great attributes in Dream Team and its talented founders, Kimberly Clark and Esme Mancia. The prospect of blending their experienced and forward-thinking people with our team will result in cutting-edge cosmetics and unique services that customers will only find in our family of companies. We are thrilled to welcome them and their employees to the NCL team.”
Larry Simon, of Clearview Capital, added, “CriticalPoint Partners listened to what we were seeking for our portfolio company and took the necessary steps to source a perfect fit for NCL. The timing could not have been more ideal and we feel fortunate to have been introduced to Dream Team and to have received CriticalPoint’ s guidance.”
Located in Idaho Falls, ID, NCL specializes in developing “physician strength” skin care and prestige cosmetic products, which are growing categories benefitting from new ingredient technologies and shifting consumer preferences. To learn more about NCL, please visit: www.trustncl.com.
About Clearview Capital
Founded in 1999, Clearview Capital is a private equity group dedicated to investing in and supporting the development of lower middle market companies with EBITDA typically between $3 million and $15 million. Working collaboratively with their management teams, they provide targeted strategic and operational assistance as well as capital to fuel organic and acquisition growth initiatives. To learn more about Clearview Capital, please visit: www.clearviewcap.com.
About CriticalPoint Partners
Headquartered in Los Angeles, CriticalPoint Partners is a leading middle market M&A advisory and investment banking firm focused on sourcing, negotiating, and executing a range of corporate finance solutions to enhance shareholder value while building long-term partnerships with our clients. To learn more about CriticalPoint Partners, please visit www.criticalpointpartners.com.
Transaction completed in conjunction with BA Securities.