Financial News

Lorac Gains An Investor

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By: TOM BRANNA

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Encore Consumer Capital, a San Francisco-based private equity firm, has invested in Lorac Cosmetics, the color brand founded by celebrity makeup artist Carol Shaw. Shaw will continue on as founder, maintaining key roles in product development and public relations; Tom McMeekan is now the company’s new chief executive officer. “My colleagues and I at Lorac are excited to be partnering with Encore Consumer Capital. I am very proud of Lorac’s success, and look forward to working with the comp...

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