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Tengram Partners invests in makeup artists brand.
December 20, 2012
By: TOM BRANNA
Editor
Laura Geller is flush with cash after Tengram Capital Partners, a Connecticut-based private equity firm, acquired a stake in the professional makeup artist brand of color cosmetics. Terms of the deal were not disclosed. Industry sources say Laura Geller Beauty has retail sales of about $75 million. Geller founded the company 20 years ago, and today, the brand is available on QVC, QVC.com and 600 Ulta retail stores. With the cash infusion, Laura Geller Beauty may expand internationally....
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