Croft & Bender, an Atlanta-based investment banking firm, is pleased to announce the successful sale of Creative Laboratories, Inc. and United Hair Care, Inc. (collectively "Creative Labs" or the "Company"), to Gemspring Capital Management, LLC ("Gemspring").
Founded in 1988 and headquartered in Eagan, MN, Creative Labs is a premier full-service developer and manufacturer of skincare and haircare products across professional, retail, and e-commerce channels. The Company uniquely offers the full spectrum of end-to-end product creation, including research & development, product testing, manufacturing, bottling & labeling, and marketing & branding, allowing it to quickly respond to emerging consumer preferences. Leveraging its efficient and automated manufacturing capabilities, Creative Labs delivers innovative proprietary brands as well as private label products for partners.
Following the transaction, President Brett Simmons will continue to lead the Company and is excited about the growth opportunities in partnership with Gemspring.
Croft & Bender served as the exclusive financial advisor to Creative Labs throughout the transaction. For more information, please contact Neale Fisher or Connor Boston.