Report: Private equity firm to invest in maker of Organix hair care

NEW YORK — Private equity firm Carlyle Group has reportedly agreed to acquire a minority stake in Vogue International, the maker of Organix hair care products, according to a Reuters report.

"Carlyle will work with Vogue's founder and Chief Executive Officer Todd Christopher and his team to continue expanding the brand and building the business globally," the buyout firm was reported as saying in a statement.

Financial terms of the deal were not disclosed. However, people familiar with the matter told Reuters a year ago that the manufacturer could be valued at $800 million or more, Reuters reported.

 

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