This week, JD Beauty Group announced its acquisition of Ouidad, a curly haircare and styling brand beloved by industry professionals and consumers alike. This makes Ouidad another industry-leading brand to add to JD Beauty's portfolio of haircare and styling tools, which includes WetBrush and Bio Ionic. JD Beauty is based in New York and was founded in 1977.
Jeffrey Davidson, CEO of JD Beauty, said, “We are always striving to cement our position as an innovation leader in the professional beauty industry, and this new chapter with Ouidad speaks to that commitment. We are excited to continue to deliver exceptional results and growth for our customers. Ouidad is an exciting brand, with a passionate following similar to our current lines Wetbrush and Bioionic. We will be honored to further its legacy here at JD Beauty.”
Ouidad was founded more than 30 years ago, and is an award-winning leader in the curly hair category. Using high-performing formulas and scientific breakthroughs in its manufacturing, Ouidad has certified salons and flagship locations staffed by top industry experts. JD Beauty is a portfolio company of Topspin Partners, a private equity fund based in New York. The acquisition was a partnership between Topspin Partners, JD Beauty (the majority owner), Deerpath Capital Management and Star Mountain Capital, which provided the financing.
Ouidad CEO Pierre Lampert said, “The renowned Ouidad brand has enjoyed a great momentum across all of its channels, and this acquisition under JD Beauty will further accelerate the company’s development. We are thrilled to be working with the team at JD Beauty, who have an excellent track record for growing and supporting well-known names in the industry.”
Managing Partner of Topspin Partners Leigh Randall also added, “JD Beauty has proven to be an excellent partner, and after the success of the Bio Ionic acquisition, we were excited to partner with the team at JD Beauty again. This deal is an excellent strategic move for both Ouidad and JD Beauty, and we look forward to seeing the resulting growth.”
For more information on Ouidad, visit ouidad.com.