RTTNews | Apr 13, 2021 08:17AM EDT

08:17 Tuesday, April 13, 2021 (RTTNews.com) - The Carlyle Group (CG) has acquired a majority stake in Beautycounter. The deal values the company at $1 billion. The Santa Monica, CA-based Beautycounter is an omni-channel clean beauty brand.

Beautycounter offers more than 100 products, including Fast Company's Most Innovative, Allure's Best of Beauty, Glamour's Beauty Awards, Refinery29's Innovators List, WWD's 2019 Best-Performing Beauty Company, and CNBC's Disruptor 50.

Jay Sammons, Head of Global Consumer, Media & Retail, The Carlyle Group, said: "Beautycounter is a pioneer and leader in the fast-growing clean beauty industry, and we see an opportunity to support a talented, founder-led team in amplifying the brand's mission to change beauty forever."

Read the original article on RTTNews ( https://www.rttnews.com/3184525/carlyle-to-acquire-majority-stake-in-beautycounter-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved