Company News, Financial News

PE Firm Takes Stake in LORAC

Carol Shaw to maintain key role in product development and public relations.

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By: Christine Esposito

Editor-in-Chief

Encore Consumer Capital, a San Francisco-based private equity firm, has made an investment 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 CEO.   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 company’s new...

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