GloProfessional has been acquired by Swander Pace Capital, a private equity firm specializing in investments in consumer products companies. This news comes after North Castel Partners announced they sold the company
on April 3rd, 2013.
"Swander Pace's reputation and track record with respected brands in the beauty and personal care field is impressive," said Sean Butler, president of gloProfessional. "Through this partnership, we look forward to tapping their expertise and insight as we collaborate to maximize gloProfessional's growth."
Swander Pace's managing director Mo Stout commented, "We're excited to continue to build our growing beauty and personal care portfolio with such a respected brand. GloProfessional is a leading, research-driven product of choice in the professional channel and enjoys a strong consumer following. We look forward to partnering with the management team to guide the company toward continued growth and success."