Twitter LinkedIn
    Wednesday, July 6
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Mergers & Acquisitions»Advent’s hair-care Adventure Created a $10 Billion Buyout Bonanza
    Mergers & Acquisitions

    Advent’s hair-care Adventure Created a $10 Billion Buyout Bonanza

    February 22, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    A hair-care startup that was helped out of obscurity by an endorsement from Kim Kardashian is on track to earn its private equity owner one of the biggest and fastest payouts in the history of the industry.

    Advent International led the purchase of Olaplex Holdings in January 2020 and in little more than two years, the firm has pulled out nearly triple its initial investment and is sitting on a stake worth around $9bn – if it can hold on to those gains.

    Despite a 38% plunge in Olaplex’s stock this year, the return is still more than 10 times the value of the original deal and places it among the most lucrative private-equity transactions in the U.S., according to Pitchbook data. By comparison, Blackstone Inc.’s acquisition of hotel chain Hilton Worldwide Holdings Inc. made $14 billion, tripling its investment over a span of 11 years.

    Read more: Yahoo Finance

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals and transactions Mergers and acquisitions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Inflexion leads SteriPack buyout

    July 6, 2022

    Barings and Partners Group provide financing to support Arcline’s CoreDux acquisition

    July 6, 2022

    Brookfield pours record US$12B into European deals

    July 6, 2022

    £15bn KKR-led Power Networks takeover ‘collapses over price increase’

    July 6, 2022

    Comments are closed.

    Other Articles

    CD&R engages former Belden CEO as Operating Advisor

    February 21, 2021

    Procuritas invests in Polarn O Pyret

    March 12, 2021

    Swander Pace Capital completes sale of Clarion Brands to Bridges Consumer Healthcare

    January 24, 2021

    Italian football at war over €1.6bn private equity deal

    April 16, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?