Lowenstein represented Beekman 1802, a high growth clean beauty brand offering a line of premium skincare and body care products that leverage microbiome science and harness the benefits of goat milk, in a $92 million investment. Eurazeo, a global investment group, invested $62 million out of a total of $92 million to acquire a majority stake alongside co-investors Cohesive Capital Partners and the Cherng Family Trust.
Founded in 2009 by Dr. Brent Ridge and Josh Kilmer-Purcell in Sharon Springs, New York, Beekman has grown into a successful omnichannel brand with a diverse array of beauty wellness products. Beekman’s commitment to sustainability, kindness, authenticity, and community, is a key differentiator in today’s $9 billion global prestige skincare market.
The investment will support the continued expansion of Beekman 1802 across multiple channels, categories, and geographies, leveraging and further enhancing the brand’s storytelling capabilities and products.
The Lowenstein deal team included Alex D. Leibowitz, Julie Levinson Werner, Vanessa Ignacio, Darren Goodman, Lesley P. Adamo, Matthew P. Hintz, Brendan J. Koeth, Alex H. Rosenthal, Bryan Sterba, Kristin V. Taylor, Saman Aminolsharei, Batool T. Banker, Cecily Larison, Jessica Billeter, Bryan A. Weisgal, and Eric Sands.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
Contact(s):
Penny Paul
Manager, Marketing Communications
Lowenstein Sandler LLP
(973) 597-2592
ppaul@lowenstein.com
