Birmingham dealmakers advise shareholders of global beauty business
Birmingham-based Alantra has advised the shareholders of Pangaea Laboratories, a global beauty business and owner of the fast-growing Medik8 skincare brand, on its investment from Inflexion.
Founder-led since 1999, Pangaea has two facilities in Hertfordshire where its Medik8’s products are developed and manufactured in house.
Medik8’s expertise has enabled it to develop a range of skincare products focused on Vitamin C, sunscreen and vitamin A.
The business has successfully built its own ecommerce channel and relationships with premium beauty e-tailers to market directly to consumers.
The Alantra team comprised Matthew Wiseman, Chris Bates, Oliver Hickley and Saro Djerrahian.
Wiseman said: “We’re thrilled to have delivered an exceptional result for such a first-class team and brand. Inflexion will be a great partner for Medik8, and their investment will allow management to continue to invest in innovation, capitalise on the growth potential in both the ecommerce and professional channels, and continue its global growth.”