Dr. Jart+ majority stake sale to The Estée Lauder Companies
The Estée Lauder Companies acquired the remaining majority stake in skin care brand Dr. Jart+, having previously acquired a minority stake in 2015. The total enterprise value was approximately $1.7 billion.
Sell-side advisory to the founder of Dr.Jart+
Seller geography: South Korea
Acquirer geography: US
Sector: beauty, skin care
Founding Partners involved: Natalie Cheong, Mariana Hariki