Castanea Partners has made a minority investment in Tatcha, a luxury skincare brand with a collection of products inspired by timeless Japanese beauty rituals.
Founded by Victoria Tsai in 2009, Tatcha offers a line of serums, moisturizers, mists, exfoliants, and cleansers. The Tatcha name is derived from tachibana, the classical Japanese art of flower arranging that features a single “standing flower”, representing the beauty of simplicity. This philosophy drives the company’s approach in creating pure, naturally-powered formulas. Tatcha’s collection is distributed through the company’s website, Sephora North America, QVC, and other domestic and international wholesale and specialty retail stores.
“Tatcha stands out for its high-quality products and authentic brand heritage,” says Steve Berg, a Managing Partner at Castanea. “We look forward to working with Vicky and the team to support the company’s growth.”
“We’re honored to work with Castanea because of their unique experience in building luxury brands in beauty and beyond,” says Vicky Tsai, Tatcha’s CEO. “Steve and Janet are star players in the beauty industry and have a reputation for being great partners. We are also deeply grateful to Financo for bringing us together, and to Vennette Ho for her tireless work to help us find our perfect match.”
“We believe that Castanea is the right thought partner to build a luxury, digitally-driven brand for the future,” adds Brad Murray, Tatcha’s President.
“This is a very exciting investment for us,” says Janet Gurwitch, Operating Partner at Castanea, and former founder and CEO of Laura Mercier. “The company is at a stage in its development where our deep industry and operating expertise will add value as Tatcha pursues its global growth potential.”
