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The investment also included participation from Strand Equity and long-term Grande collaborators.
May 23, 2023
By: Christine Esposito
Editor-in-Chief
Ariana Grand’s REM Beauty has announced a strategic investment led by Sandbridge Capital. The investment also included participation from Strand Equity and long-term Grande collaborators HYBE America, Live Nation Entertainment and Universal Music Group. Grande recently reached an agreement to purchase assets tied to the brand from Forma Brands in a deal that is valued at approximately $15 million. Forma filed for Chapter 11 earlier this year in the US Bankruptcy Court for the District of Dela...
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