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An investment bank has been hired to sell the company.
January 8, 2014
By: Jamie Matusow
E.l.f. Cosmetics might soon be sold to the highest bidder. Investment bank Financo LLC has been hired to sell the company. It is expected to go for $160 million. E.l.f. Cosmetics has been growing at a rapid pace, and its annual profits are over $20 million. TSG Consumer Partners LLC has had a minority stake in the company since 2011. For an in-depth look at E.l.f., please see our Online Exclusive. dhruv_bp.rodpub.com/articles/2013/12/online-exclusive-from-mass-to-class-a-beauty-brand
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