JD Beauty, a Hauppauge, NY-based designer and marketer of branded, professional-quality hair brushes and beauty care accessories, received a majority investment from Topspin Partners.
The financial terms of the deal were not disclosed.
The investment will allow the company to continue to expand operations.
Led by Mr. Jeff Rosenzweig, founder and CEO, who will continue to lead the management team, JD Beauty offers the Wet Brush, a hair brush brand for the professional and consumer retail channels.
Topspin Partners is a suburban NY-based private equity fund that makes control investments in profitable and established lower middle-market businesses. The firm invests across a number of industries, including health and wellness, niche consumer, food and beverage, business services and security.
FinSMEs
27/10/2015