Pacifica Beauty Is Said to Sell Minority Stake to Brentwood

Pacifica Beauty LLC, a vegan beauty brand, sold a minority stake to private equity firm Brentwood Associates, according to people with knowledge of the matter.

The company is valued at about $250 million in the transaction, one of the people said, asking not to be identified discussing private information.

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Representatives for Pacifica declined to comment. A spokesperson for Brentwood Associates didn’t immediately respond to a request for comment.

The number of personal care transactions reached a record last year with $29 billion worth of deals, according to data ...