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Investment will help fuel company's commitment to innovate in categories clamoring for SPF-based formulas.
December 20, 2021
By: TOM BRANNA
Editor
Blackstone has acquired a majority stake in Supergoop!, a skin care line focused on sun protection. A purchase price was not disclosed. The company was founded in 2005 by former teacher Holly Thaggard. According to Blackstone, Thaggard, Supergoop!’s CEO Amanda Baldwin and the existing senior management team will continue to maintain significant equity ownership in the business alongside Blackstone. The investment will help fuel Supergoop!’s commitment to launch category-creating innovations; dri...
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