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Private Equity Firm Takes Stake in Nest Fragrances

Laura Slatkin remains CEO as company evolves to 'lifestyle beauty brand."

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By: TOM BRANNA

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Tengram Capital Partners, a Connecticut-based private equity firm, has acquired a “significant stake” in home scenting firm Nest Fragrances. Laura Slatkin, founder, will continue to lead the company as CEO and form an executive leadership team. Terms of the deal were not released. “We see enormous growth potential for Nest Fragrances and we are very excited about this new partnership,” said Matthew Eby, co-founder and managing partner of TCP. “In addition to her long-standi...

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