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Pat McGrath Labs Is Now Worth $1 Billion

A new investment means the company's valuation is more than Kylie Cosmetics.

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By: Marie Redding

Senior Editor, Rodman Media


Pat McGrath Labs is now valued at $1 billion, after striking a deal with New York City-based investment firm Eurazeo Brands, reports say.

Eurazeo has invested $60 million, and is a minority shareholder in the company — bringing Pat McGrath Labs’ total external funding to $88 million.

This surpasses Kylie Cosmetics’ valuation of $800 million.

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