THE WHAT? European private equity firm Inflexion has agreed to invest in French nail care brand Manucurist to support its international expansion, with the US identified as a key growth market.
THE DETAILS Founded in 2016 and headquartered in Paris, Manucurist specialises in plant-based, vegan nail formulations and at-home LED gel manicures. The brand operates across direct-to-consumer, retail, pharmacy and marketplace channels and is available in more than 40 countries, with a growing presence in the US, UK and Europe. Inflexion is investing through its Enterprise Fund VI and will support further retail distribution, digital growth, product development and investment in Manucurist’s team and operational infrastructure. Financial terms were not disclosed.
THE WHY? The investment provides Manucurist with capital and operational support to scale its international distribution and product portfolio, while adding another high-growth beauty business to Inflexion’s consumer portfolio following its investment in Medik8, which was subsequently sold to L’Oréal.
Source: Inflexion
