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Wasserstein & Co. acquires Paris Presents



NEW YORK — Wasserstein & Co., LP, on behalf of its private equity fund Wasserstein Partners III, has announced the acquisition of Paris Presents from funds advised by private equity firm Mason Wells.

Ontario Pension Board and Northwestern Mutual are co-investing in the transaction alongside Wasserstein.

Headquartered in Gurnee, Ill., Paris Presents is a provider of branded cosmetic and bath accessories to mass merchants, drug stores, specialty beauty stores and online retailers. The company’s brands include Real Techniques, Eco Tools and Body Benefits. The company’s products are sold throughout the United States and in more than 20 international markets.

“We are delighted with our acquisition of Paris Presents. The company’s brands and products are leaders in their industry, and the management team, led by CEO Patrick O’Brien, is exceptionally strong. We are excited to partner with management to accelerate the Company’s impressive domestic and international growth, and support its long success of product innovation and leadership,” stated George Majoros, co-managing partner of Wasserstein & Co.


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