December 22, 2016
Glansaol, a new prestige beauty and personal care company, has agreed to acquire Laura Geller, Julep and Clark’s Botanicals.
On December 19, Willkie client Glansaol, a new prestige beauty and personal care company, announced that it has signed agreements to acquire three brands: Laura Geller, Julep and Clark's Botanicals. Glansaol was founded through a partnership between Alan T. Ennis, a beauty industry veteran and former President and Chief Executive Officer of Revlon Inc., and Warburg Pincus, a leading global private equity firm focused on growth investing.
Glansaol, which means "pure life" in the Irish language and is pronounced “Glan-Sale,” will operate an integrated portfolio of global beauty and personal care brands, diversified across segments, channels and geographies. Glansaol hand-selected Laura Geller, Julep and Clark's Botanicals as its first acquisitions.
The Willkie deal team was led by partners Steven Gartner, Mark Cognetti and Danielle Scalzo, and included partners Mark Holdsworth, Hillel Jacobson, Jordan Messinger, David Mortlock, Wesley Powell and David Tarr; counsel William Thomas; associates Laura Acker, Daniel Alster, Isabel Araujo, Anne Barrett, Rachel Dooley, Amir Ghavi, Meredith Levy, Annise Maguire, Stephanie Moran, Naomi Parnes, Ransel Potter, Victoria Rosales, Benjamin Shapiro, Thomas Sharkey, Andrew Spital and Ryan Stott; and law clerks Caroline Dreyspool and Andrew Marmer.
