Beauty Store Business - August, 2019

Major Stake

West Lane Capital Partners Acquires Stake in Fantasy Files

Private equity firm West Lane Capital Partners (West Lane) has acquired a majority stake in Fantasy Files Group (Fantasy Files), a California-based manufacturer and distributor of specialty cosmetic brands Blossom, Blue Cross and Savina.

No material changes in the operations of the Fantasy Files are planned. Ron Tinero and Mark Friedman, the company's cofounders, will remain as executives and shareholders of the business.