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Swander Pace Capital acquires gloProfessional

Swander Pace Capital, a private equity firm specialising in investments in consumer products companies, has completed the acquisition of Caleel + Hayden Holdings, d.b.a gloProfessional.

Terms of the transaction have not been disclosed.
"Swander Pace’s reputation and track record with respected brands in the beauty and personal care field is impressive," says Sean Butler, president of gloProfessional. "Through this partnership, we look forward to tapping their expertise and insight as we collaborate to maximise gloProfessional’s growth."
gloProfessional is a leader in the professional beauty domain with mineral-based cosmetics under the glominerals brand, premium skin care products under the glotherapeutics brand and hair care products under the gloessentials brand name. The products are used by over 5,000 dermatologists, cosmetic surgeons, aestheticians, spa and salon professionals in 38 countries.
"We’re excited to continue to build our growing beauty and personal care portfolio with such a respected brand," says Swander Pace managing director Mo Stout. "gloProfessional is a leading, research-driven product of choice in the professional channel and enjoys a strong consumer following. We look forward to partnering with the management team to guide the company toward continued growth and success."

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