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TSG Takes Stake in Huda Beauty

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By: TOM BRANNA

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Private equity firm TSG Consumer Partners has acquired a minority stake in Huda Beauty. Financial terms of the transaction were not disclosed. Huda Kattan founded her eponymous cosmetics brand in Dubai in 2013 with her sisters, Mona and Alya Kattan, and her husband, Christopher Goncalo. The collection began with false eyelashes and has since expanded to include a full range of products with launches in retail outlets including ShopHudaBeauty.com, Sephora, Selfridges  and Cult Beauty. “We fe...

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