Idaho Falls, ID (May 12, 2017) – Northwest Cosmetic Laboratories LLC (“NCL”), a portfolio company of Clearview Capital, LLC, has completed the acquisition of Dream Team Beaute, LLC (“Dream Team”) of Sun Valley, CA. This transaction closed on May 11, 2017. NCL is a rapidly growing formulator and manufacturer of innovative skin care and color cosmetic products for prestige beauty brands. Dream Team is a cutting-edge color cosmetics innovation house that has experienced rapid growth since its inception in 2013. This acquisition will elevate NCL’s existing color capabilities while adding new offerings in pressed and loose powders. Dream Team co-founders Kimberly Clark and Esme Mancia will continue to lead the Dream Team division and drive new business opportunities for the combined company.
“We are very excited to partner with Dream Team, which has a strong reputation for creating unique, fashion-forward products. We have been seeking an acquisition that would complement our brand and bring in a new element of innovation. We found these great attributes in Dream Team and its talented founders, Kimberly Clark and Esme Mancia,” Matt Bryant added. “The prospect of blending their experienced and forward-thinking people with our team will result in cutting-edge cosmetics and unique services that can only be found in our family of companies. We are excited to welcome them and their employees to the NCL team.”
“This combination with NCL will help Dream Team continue to grow its reach beyond color,” commented Kimberly Clark. “Our capabilities complement each other very well, and we can leverage NCL’s organization and infrastructure to bring more resources to serve our customers” added Esme Mancia.
“The integration of Dream Team and NCL will take place over the next few months. Our clients will continue to receive the same high-quality products which they have come to expect from each company. Dream Team’s convenient California location will allow NCL to provide additional development services for our existing West Coast customer base as well as prospective customers. Together, we will offer more prolific capabilities and talent, including pressed and loose powders,” stated Matt Bryant.
Northwest Cosmetic Laboratories ("NCL") specializes in developing professional skin care and prestige color cosmetic products, which are growing categories benefitting from new ingredient technologies and shifting consumer preferences for anti-aging and other cosmetic benefits. NCL has leveraged its product development expertise and industry-leading reputation for quality and customer service to develop an outstanding group of customers that include boutique and internationally-recognized brands, specialty retailers and other personal care companies that distribute through a diverse mix of retail, internet and direct marketing channels. Northwest Cosmetic Labs is home to the Cosmovation Process®.
Dream Team Beaute (“Dream Team”) specializes in providing innovative, advance-formulated color cosmetic products to prestige beauty brands. Dream Team is unrelentingly focused on the research and development of new marketing concepts, textures, and ingredient technology to catalyze growth for their brand partners. Leveraging the unique marketing and cosmetic chemistry background of its leadership team, Dream Team has continued to attract customers through innovative product offerings.
Northwest Cosmetic Labs
200 Technology Drive
Idaho Falls, Idaho 83401