JD Beauty Group recently announced the acquisition of Ouidad, the curl expert haircare and styling brand. The dynamic company will join the JD Beauty group of industry-leading hair brands WetBrush and Bio Ionic. This acquisition further diversifies JD Beauty's product offerings, now adding haircare and styling to its existing hair brushes and electrical appliances portfolio.
Founded over three decades ago, Ouidad is an award-winning expert in curly hair. Ouidad’s formulas use the most certified salons and flagship locations are staffed by the most skilled curl experts in the industry. JD Beauty is a portfolio company of Topspin Partners, a New York-based private equity fund. This acquisition was completed in partnership with Topspin Partners—the majority owner of JD Beauty—Deerpath Capital Management, and Star Mountain Capital, who provided financing for the transaction.
“We are always striving to cement our position as an innovation leader in the professional beauty industry, and this new chapter with Ouidad speaks to that commitment," says Jeffrey Davidson, CEO of JD Beauty. "We are excited to continue to deliver exceptional results and growth for our customers."
“The renowned Ouidad brand has enjoyed a great momentum across all of its channels, and this acquisition under JD Beauty will further accelerate the company’s development," says Pierre Lampert, CEO of Ouidad. "We are thrilled to be working with the team at JD Beauty, who have an excellent track record for growing and supporting well-known names in the industry.”