Investment & M&A transaction comps
Beauty Investment & M&A Transaction Comps
Explore investment and M&A transactions tagged beauty. Compare companies, buyers, dates and available valuation multiples, with reported, estimated or rumored figures clearly labelled in each comp.
Coverage includes published FundComb transactions carrying this tag. Each comp preserves its own source notes and valuation basis.
- Reviewed transactions
- 30
- With value data
- 20
- With revenue multiples
- 18
- Transaction years
- 2016–2026
Sortable transaction comps
Beauty transaction table
Rows with reported value
21 / 25
Acquisition EV, USD
USD 18B
Investment EV, USD
-
Median EV / revenue
4.9x
Selected comparison set
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Choose transactions from the table to build a quick comparison set.
25 shown of 30 matching transactions. Click any transaction row for more detail.
Values are 100% enterprise values. Multiples divide EV by full-company revenue or EBITDA. Reported prices are assumed to be EV; explicit partial-stake prices are grossed up as estimates. Amounts paid are tracked separately.
| Select for comparison | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Saltair Control | 2026-07-30 | TSG Consumer | USD 458M Estimated Valuation | 458 | 4.6x | 15.3x | Los Angeles, California, USA | Confirmed 2 sources | ||
| Space NK Control (100%) | 2025-07-10 | Ulta Beauty | USD 399M Purchase Consideration | 399 | 1.1x | 10.5x | United Kingdom and Ireland | Confirmed 6 sources | ||
| rhode Control | 2025-05-28 | e.l.f. Beauty | USD 800M Closing Consideration | 800 | 3.8x | - | United States | Confirmed 3 sources | ||
| Touchland Control | 2025-05-12 | Church & Dwight | USD 700M Closing Consideration | 700 | 5.4x | 12.7x | United States | Confirmed 2 sources | ||
| Minimalist Control (91%) | 2025-01-22 | Hindustan Unilever | INR 30B Pre Money Enterprise Value | 342 | 5.9x | - | India | Confirmed 3 sources | ||
| ChapStick Control | 2024-01-25 | Suave Brands Company | USD 510M Consideration | 510 | 3.6x | - | Global | Estimated 2 sources | ||
| Dr. Barbara Sturm Control | 2024-01-01 | Puig | EUR 320M Enterprise Value | 354 | 5.0x | - | - | Estimated 2 sources | ||
| Go-To Skincare Control (50%) | 2023-12-15 | Zoë Foster Blake | AUD 43.5M Enterprise Value | 29 | - | - | Australia | Confirmed 2 sources | ||
| Naturium Control | 2023-08-29 | Elf | EUR 328M Enterprise Value | 354 | 3.9x | 20.9x | US (California) | Estimated 1 source | ||
| Mielle Organics Control | 2023-01-11 | P&G Beauty | EUR 595M Enterprise Value | 639 | 5.6x | 22.0x | - | Confirmed 2 sources | ||
| TOM FORD brand and intellectual property Control (100%) | 2022-11-15 | The Estée Lauder Companies Inc. | USD 2.5B Enterprise Value | 2,550 | - | - | United States | Confirmed 9 sources | ||
| Nutrafol Control | 2022-05-30 | Unilever | Undisclosed Undisclosed | Undisclosed | 4.9x | 22.7x | - | Confirmed 1 source | ||
| Sol de Janeiro Control (83%) | 2021-11-15 | L'Occitane | USD 450M Estimated Enterprise Value | 450 | 7.5x | 20.7x | United States | Estimated 5 sources | ||
| Obagi Control | 2021-11-15 | Waldencast | EUR 756M Enterprise Value | 865 | 4.5x | 17.2x | - | Confirmed 1 source | ||
| Milk Makeup Control | 2021-11-15 | Waldencast Acquisition Corp. | EUR 337M Enterprise Value | 386 | 5.8x | - | US (NY) | Estimated 1 source | ||
| Go-To Skincare Control (50%) | 2021-03-01 | BWX | AUD 177M Enterprise Value | 137 | 4.8x | 14.9x | Australia | Estimated 3 sources | ||
| DECIEM Beauty Group Inc. Control (48%) | 2021-02-23 | The Estée Lauder Companies Inc. | USD 2.2B Enterprise Value | 2,200 | 4.8x | - | Canada | Confirmed 5 sources | ||
| Charlotte Tilbury Control (73%) | 2020-06-04 | Puig | EUR 1.5B Enterprise Value | 1,713 | - | - | United Kingdom | Confirmed 5 sources | ||
| King Kylie, LLC (Kylie beauty business) Control (51%) | 2019-11-18 | Coty Inc. | USD 1.2B Enterprise Value | 1,176 | 6.7x | 26.6x | United States | Confirmed 3 sources | ||
| Drunk Elephant Holdings, LLC Control | 2019-10-08 | Shiseido Americas Corporation | USD 845M Enterprise Value | 845 | 8.5x | - | United States | Confirmed 4 sources | ||
| Ci:z Holdings Co., Ltd. Control | 2018-10-23 | Johnson & Johnson | USD 2.1B | 2,100 | 4.5x | 22.0x | Japan | Confirmed 1 source | ||
| Too Faced Control (100%) | 2016-11-14 | The Estée Lauder Companies Inc. | USD 1.4B Enterprise Value | 1,450 | 5.4x | - | United States | Confirmed 2 sources | ||
| Forest Essentials Control | - | The Estée Lauder Companies Inc. | Undisclosed | Undisclosed | - | - | India | Confirmed 4 sources | ||
| Spencer Forrest, Inc. Control | - | Church & Dwight | Undisclosed | Undisclosed | - | - | - | Confirmed 5 sources | ||
| Twinlab Brands Control | - | cbdMD | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources |
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Source coverage varies by transaction. Announced deals, minority investments and capital raises retain their own labels; an investment amount is separate from enterprise value. Read the methodology.