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Wall Street Journal says sale could fetch $160 million.
January 9, 2014
By: TOM BRANNA
Editor
With Santa back at the North Pole, one elf is trying to hitch a ride on a different sleigh. Discount color cosmetics company E.L.F. Cosmetics has retained Financo LLC to sell the company for about $160 million, according a report in The Wall Street Journal. Private-equity firm TSG Consumer Partners LLC took a minority stake in E.L.F. in 2011. This isn't the first time that the cosmetic maker has been on the selling block. E.L.F. had attracted interest from Coty, L'Oréal and others a co...
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