Year: 2017

Industry: Beauty & Personal Care

Service: Sell-Side M&A

Geography: North America

Exclusive Financial Advisor to DevaCurl on Sale from Tengram Capital Partners to Ares Management

DevaCurl is a category leader in curly hair retail products and professional salon opportunities. Since creating the iconic No-Poo (TM) Cleanser, DevaCurl has continued to develop innovative products to service their curly clientele, driving a high level of brand authenticity.

Tengram Capital Partners hired Financo to run an accelerated and highly competitive sale process, due to Financo’s extensive knowledge of the beauty industry. The DevaCurl team is excited to partner with Ares Management for its next stage of growth and is looking forward to taking the brand to new heights.

“Financo was a strategic and collaborative partner through every step of the sale process. The team’s deep expertise in beauty and insightful coaching on M&A dynamics led us to an exceptoinal outcome. I am thrilled with the new partnership with Ares and am eager to work with Financo again soon!”

– Colin Walsh, CEO, DevaCurl

“Financo was critical to the success of Tengram Capital Partners’ accelerated sale process for DevaCurl. Financo’s knowledge and expertise in the beauty space enabled our team to operate quickly, thoughfully, and strategically. I look foward to partnering with them again in the near future.”

– Matt Eby, Managing Partner, Tengram Capital Partners

This transaction was completed prior to Raymond James’ acquisition of Financo.