Carlyle (CG) has acquired majority stake in Beautycounter

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Beautycounter, the Industry Leading Clean Beauty Brand, Partners with The Carlyle Group to Fast-Track Growth

April 13, 2021 8:00 AM EDT

Carlyle to acquire majority stake in Beautycounter

NEW YORK, April 13, 2021 /PRNewswire/ -- Counter Brands, LLC, parent company of Beautycounter, the leader in clean beauty, and global investment firm The Carlyle Group (NASDAQ: CG) today announced that Carlyle has acquired a majority stake in Beautycounter. The partnership will allow Beautycounter to accelerate its strategic initiatives, including increasing brand awareness as well as bolstering the company's innovative, integrated, omni-channel business model. The transaction values the company at $1 billion.

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