Financial News

DevaCurl Gets a New Owner

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By: TOM BRANNA

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Ares Management LP has acquired hair care company DevaCurl from Tengram Capital. Financial terms were not disclosed at press time. Founded by Denis DaSilva and Lorraine Massey in 1994, DevaCurl offers a complete line of sulfate-, silicone- and paraben-free cleansers, conditioners, styling products and treatments specifically formulated for consumers with curly, super curly and wavy hair. DevaCurl sells its products through professional salon distributors, prestige retail partners, its flags...

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