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Beauty Industry

E.l.f. Cosmetics Is Up for Sale

An investment bank has been hired to sell the company.

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By: Jamie Matusow

Editor-in-Chief

E.l.f. Cosmetics might soon be sold to the highest bidder. Investment bank Financo LLC has been hired to sell the company. It is expected to go for $160 million.

E.l.f. Cosmetics has been growing at a rapid pace, and its annual profits are over $20 million. TSG Consumer Partners LLC has had a minority stake in the company since 2011.

For an in-depth look at E.l.f., please see our Online Exclusive. stagging_bp.rodpub.com/articles/2013/12/online-exclusive-from-mass-to-class-a-beauty-brand

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