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Beauty Industry, Mergers and Acquisitions

Diamond Wipes Has a New Investor

Diamond Wipes International has announced a new equity investment, by Nolan Capital.

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By: Marie Redding

Senior Editor, Rodman Media

Diamond Wipes International, Inc. has announced it has received an equity investment from Nolan Capital, Inc.

Nolan Capital is the family office of Peter Nolan, the former Managing Partner and current Senior Advisor to Leonard Green & Partners.

Eve Yen, founder/ CEO, Diamond Wipes, said, “With this investment, we plan a significant expansion of our manufacturing capability in the United States, enabling us to service our existing customers better and grow with new clients. We look forward to our partnership with Peter and his family office.”

Peter Nolan, chairman, Nolan Capital, added, “I look forward to working with Eve and her team on a board level. She is truly a pioneer and a leader in this industry and it’s my hope that Diamond Wipes’ uninterrupted growth will continue under Eve’s leadership.”

Eve Yen continues in her role as CEO of Diamond Wipes and the company maintains its majority woman owned and operated status.

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