Bain Capital, Goldman Sachs Bet on K-Beauty

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By: TOM BRANNA

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KOREA: Bain Capital Private Equity and Goldman Sachs have agreed to acquire a majority stake in Korean beauty company Carver Korea.  Carver’s founder and chairman Lee Sang-rok will continue to hold a minority stake in the company and participate in day-to-day management.  Founded in 1999 as a specialty cosmetics supplier to aesthetic salons, Carver’s portfolio of beauty brands includes its flagship skin care line A.H.C. (Aesthetic Hydration Cosmetics) as well as Shara and Vivito. All told, th...

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