Pacific World Corporation, a wholly owned subsidiary of Prospect Capital, a prominent private equity firm in New York, has struck a deal to acquire Nails.Inc.
Nails.Inc founder, Thea Green will remain as head of the brand. Financial terms were not disclosed.
Bart J. deBie, managing director at Prospect Capital, said,
“We see incredible potential in Nails.Inc and are excited to be part of the next phase of their journey. Their commitment to fast and agile product innovation, and their passion for making beauty accessible resonate deeply with today’s consumers. Together, we can accelerate the brand’s growth in North America and beyond.”
Green commented,
“We’re thrilled to partner with Pacific World and Prospect Capital, who share our vision for empowering individuals through beauty. This collaboration marks a significant milestone in our journey, enabling us to bring our high-quality, cult items to a wider audience in North America.” With the support of Prospect, Nails.Inc plans to scale its business, forge new partnerships, and drive innovation in the beauty space.”
Nails.Inc founder, Thea Green will remain as head of the brand. Financial terms were not disclosed.
Bart J. deBie, managing director at Prospect Capital, said,
“We see incredible potential in Nails.Inc and are excited to be part of the next phase of their journey. Their commitment to fast and agile product innovation, and their passion for making beauty accessible resonate deeply with today’s consumers. Together, we can accelerate the brand’s growth in North America and beyond.”
Green commented,
“We’re thrilled to partner with Pacific World and Prospect Capital, who share our vision for empowering individuals through beauty. This collaboration marks a significant milestone in our journey, enabling us to bring our high-quality, cult items to a wider audience in North America.” With the support of Prospect, Nails.Inc plans to scale its business, forge new partnerships, and drive innovation in the beauty space.”
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