8 Big Deals, p. 6

6. TSG: Sexy Hair

In May, investment firm TSG Consumer Partners announced that it purchased Sexy Hair Concepts, the 13-year-old marketer of haircare products distributed through professional salons.

“Sexy Hair is one of the fastest-growing haircare brands in the professional-beauty industry and is now sold in about 60,000 professional salons worldwide,” said Brian Krumrei, a TSG principal. “The company has outperformed the market over the past two years, achieving 30% year-over-year growth in the first quarter of 2011. We are especially pleased to partner with the company’s existing experienced management team led by [president and CEO] Karl-Heinz Pitsch.”

Pitsch noted when the announcement was made: “TSG has the expertise and support to help SHC pursue inherent growth opportunities based on continued dedication to top quality products, education and a lot of fun.”

SHC offers six lines and about 70 products addressing specific hair type, texture, length and style, and the brand is a favorite among Hollywood’s leading entertainment-industry stylists.

At the time of the announcement, TSG’s other current beauty and personal-care investments included Alterna hair care, Kenra hair care, NV Perricone skin care, e.l.f. cosmetics and Pevonia skin care. Prior beauty investments have included Smashbox cosmetics and Pureology hair care.

sexyhair.com, 800.848.3383