Company News

Acne Brand Peace Out Skincare Gets $20 Million from 5th Century Partners

Infusion will be used to build staff, enter new categories and expand in retail.

Author Image

By: TOM BRANNA

Editor

Acne brand Peace Out Skincare received a $20 million minority investment from 5th Century Partners. Peace Out will use the money to add staff, enter new categories and expand at retail. The brand, best known for its Acne Dots, is expected to have sales of $50-60 million this year. The five-year-old company is said to be the No. 1 acne brand in Sephora. Products are also sold through its own website and Amazon. Company executives said new product development will double from four new products ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters