Financial Advisor to Gryphon Investors on its Acquisition of RoC® Skincare
LSH Partners served as a financial advisor to Gryphon Investors (“Gryphon”) – a San Francisco-based middle market private equity firm – on its acquisition of RoC® Skincare (“RoC”), a market-leading anti-aging skincare brand, from Johnson & Johnson Consumer Inc.
Matt Farron, Principal at Gryphon, said, “RoC has a rich history of skincare solutions innovation stemming from its French pharmacy roots. By leveraging the brand’s French pharmacy heritage and track record of clinically proven innovation, we see numerous opportunities to expand RoC’s product offering to establish it as a brand with complete skincare solutions leading to increased market share.”
RoC is an iconic brand and category pioneer with 60+ year history in anti-wrinkle and anti-aging skincare, offering a full suite of anti-aging products sold across the globe. RoC’s product offering is highly efficacious and clinically proven to reduce signs of facial aging including wrinkles, dark spots, and dullness of skin. The Company’s more than 75 products are sold in the U.S., Europe, and Latin America through key mass, drug, club, specialty, ecommerce, and pharmacy channels. Key domestic retailer partners include Walmart, Target, CVS, Walgreens, Costco, Ulta, and Amazon.
The transaction is Gryphon’s second investment in the beauty sector after the firm acquired indie color cosmetics brand Milani Cosmetics in June 2018.