WestView Capital completes sale of its stake in DAVEXLABS

During its ownership, WestView helped expand DAVEXLABS's L'Anza brand and diversified its domestic and international sales channels. 

WestView Capital completed the sale of its stake in DAVEXLABS, a hair care brand for professional salons. WestView sold its stake to Juggernaut Capital Partners. During its ownership, WestView helped expand DAVEXLABS’s L’Anza brand and diversified its domestic and international sales channels.

Press Release

WestView Capital Partners, a Boston-based private equity firm, announced today that it has completed the sale of its ownership position in DAVEXLABS, LLC (“the Company”), a leading independent hair care brand dedicated to the professional salon channel and emerging fast growing direct-to-consumer channel, to Juggernaut Capital Partners, a Washington, D.C. based private equity firm.

Under its L’ANZA brand, the Company develops and markets high performance premium salon hair care products designed specifically to heal, seal, and protect hair. The Company incorporates proprietary formulations and advanced ingredient complexes into salon retail products including shampoos, conditioners, hair sprays, and styling products as well as service-based products including hair color and treatment systems.

Over the course of WestView’s investment, L’ANZA has significantly expanded and diversified its domestic and international sales channels and now has a presence in more than 30,000 professional salon doors as well as a fast-growing online business.

About L’ANZA

For over 30 years, L’ANZA has pioneered some of the most advanced, cutting-edge technology the industry has ever seen. From care to color, L’ANZA uses the most advanced ingredient technology, perfectly balanced with wildcrafted botanicals and potent actives to heal, seal, and protect the hair. We have earned a reputation for creating exceptional products acclaimed for their unsurpassed performance. For more information, please visit www.lanza.com.

About WestView Capital Partners

WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages approximately $1.7 billion in capital across four funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions in industries such as software and IT services, business services, healthcare technology and outsourcing, growth industrial, and consumer. For more information, please visit www.wvcapital.com.