Private equity firm Mason Wells has invested an undisclosed amount into Gurnee, Illinois-based Paris Presents Inc., a maker of branded and private label personal care products. Mason Wells, along with Paris Presents’ existing management team, acquired the company from previous owners the Zall family. No terms of the deal were released.
Paris Presents Incorporated, a leading provider of branded and private label personal care products, announced today an investment from private equity firm Mason Wells. Mason Wells, along with Paris Presents’ existing management team and other investors, acquired the equity of the Company from the Zall family.
“We are proud of the business we have built and excited about the opportunity to partner with Mason Wells to continue the growth of Paris Presents,” said Larry Zall on behalf of the Zall family ownership group. “Mason Wells will provide Paris Presents with additional resources to achieve the Company’s long-term growth initiatives and to continue our investment in industry-leading product innovation.”
“The existing management team of Paris Presents is looking forward to partnering with Mason Wells,” said Leah Bailey the current operational leader of the business who became Chief Executive Officer of the Company in connection with the transaction. “With their strong financial backing and management resources we will continue to serve our customers with high-quality products and services.”
The employees and suppliers of Paris Presents have played a key role in the Company’s success and will continue to do so in the future. “Mason Wells is pleased to support the existing management team in their growth strategy,” said Kevin Kenealey, Managing Director at Mason Wells. “Paris Presents’ management, employees and suppliers are all key factors that have allowed the Company to consistently exceed the expectations of their customers. We believe the Company provides an excellent platform for growth and is well positioned to capitalize on a number of market and new product introduction opportunities.”
About Paris Presents
Paris Presents is a leading provider of branded and private label personal care products, including cosmetic accessories, specialty bath and body products, travel accessories, nail care, and other health and beauty products. The Company’s EcoTools™ product line is an industry leader in cosmetic and bath accessories and features innovative, earth-friendly materials. The Company’s products are available at retailers globally, including leading mass merchants, drug stores, department stores, and specialty retailers. For more information please visit the Company’s website at www.parispresents.com.
About Mason Wells
Mason Wells is a leading Midwest-based private equity firm that manages over $800 million of capital through Mason Wells Buyout Funds. Since its founding, Mason Wells has closed more than 80 transactions through the Mason Wells Funds and its predecessor funds. Mason Wells recently closed on a new $525 million fund in May 2010. For more information relating to Mason Wells, please visit www.masonwells.com.