JD Beauty Group announces the acquisition of Ouidad, the curl expert haircare and styling brand. Ouidad will join the JD Beauty group of professional beauty brands WetBrush and Bio Ionic. This acquisition further diversifies JD Beauty’s product offerings, now adding haircare and styling to its existing hair brushes and electrical appliances portfolio.
Founded over three decades ago, Ouidad is an award-winning expert in curly hair. Ouidad’s certified salons and flagship locations are staffed by the skilled curl experts in the industry while the product offerings have been developed with the knowledge that comes from decades of understanding, caring for and working with textured hair .
Jeffrey Davidson, CEO of JD Beauty, commented, “We are always striving to cement our position as an innovation leader in the professional beauty industry, and this new chapter with Ouidad speaks to that commitment. We are excited to continue to deliver exceptional results and growth for our customers. Ouidad is an exciting brand, with a passionate following similar to our current lines Wetbrush and Bioionic. We will be honored to further its legacy here at JD Beauty.”
Jeffrey Davidson, CEO of JD Beauty
JD Beauty is a portfolio company of Topspin Partners, a New York-based private equity fund. This acquisition was completed in partnership with Topspin Partners - the majority owner of JD Beauty - Deerpath Capital Management, and Star Mountain Capital, who provided financing for the transaction.
“JD Beauty has proven to be an excellent partner, and after the success of the Bio Ionic acquisition, we were excited to partner with the team at JD Beauty again," says Leigh Randall, Managing Partner of Topspin Partners. "This deal is an excellent strategic move for both Ouidad and JD Beauty, and we look forward to seeing the resulting growth.”
Pierre Lampert, CEO of Ouidad, said, “The renowned Ouidad brand has enjoyed a great momentum across all of its channels, and this acquisition under JD Beauty will further accelerate the company’s development. We are thrilled to be working with the team at JD Beauty, who have an excellent track record for growing and supporting well-known names in the industry.”
For reprint and licensing requests for this article, Click here.
Originally posted on Salon Today