Natalist Acquisition, Valuation, Funding & Investors

Tiger Brands Ltd is an African producer and distributor of branded food, beverage, home, and personal care products. Its operations are predominantly in Southern Africa, with additional market presence in other parts of the African continent through exports. The company's reportable product segments are Milling and Baking, Grains, Culinary, Snacks, Treats and Beverages, Home, Personal and Baby Care. The company derives the majority of revenue from the product sales of the Culinary segment, which includes canned fruit and vegetables, condiments and ingredients, spreads, baby nutrition and Davita exports.

Glossier is a New York City-headquartered direct-to-consumer beauty brand selling skincare, makeup, body, and fragrance products online and in its SoHo showroom. The lineup includes Boy Brow gel, Cloud Paint blush, and Futuredew serum available in the United States, Canada, United Kingdom, and Sweden. Glossier ships from warehouses in New Jersey and maintains pop-up stores in London and Los Angeles.

Lush Fresh Handmade Cosmetics is a global cosmetics retailer maintaining over 850 shops in 51 countries from its Poole headquarters in the United Kingdom. It manufactures bath bombs, soaps, shampoos, and skincare products using fresh, vegetarian ingredients handmade daily in dedicated kitchens.

GP Club is a cosmetics manufacturer and distributor specializing in K-Beauty products such as creams, lipsticks, cleansers, and mask packs under the JM Solution brand. The company offers over 500 product lines, including sheet masks that have achieved more than one billion units sold globally. Originating from game distribution operations launched in 2003, GP Club entered cosmetics in 2016, first gaining traction in the Chinese market before expanding domestically in South Korea. Headquartered in South Korea, it provides total beauty solutions emphasizing product quality and healthy lifestyle values, with worldwide marketing reach.

Pharmapacks is a New York-headquartered e-commerce platform specializing in logistics, fulfillment, marketing, and sales for health and beauty brands. Islandia-based since its founding in 2010 as a brick-and-mortar pharmacy, the company sells direct-to-consumer via Pharmapacks.com and through marketplaces like Amazon, Walmart.com, and eBay. It acts as a launchpad for emerging brands by integrating them into its proprietary tech platform and consumer base, handling end-to-end operations for over-the-counter products.

Focusing on personal hygiene products utilizing nonwoven fabric, Unicharm is the largest manufacturer of disposable baby diapers and feminine sanitary and adult incontinence products in Japan and Asia. Its personal care business accounted for around 80% of its sales as of 2024, with the balance mainly from pet care. Unicharm generates 66% sales from overseas, of which nearly three-fourths are from Asia, mostly China, Indonesia, and Thailand. India is the fastest-growing market, followed by Vietnam. Outside Asia, Unicharm operates in Saudi Arabia, the Americas, and Europe. Drugstores, supermarkets, baby product specialty stores, and e-commerce are the key sales channels.

Lenskart Solutions Ltd is a technology-driven eyewear company, with a belief that clear vision is fundamental to personal development and well-being. It sells a range of eyewear products including prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories.

Interparfums is a France-based company that is principally engaged in producing and distributing perfume and cosmetic products under license agreements with luxury brands in the apparel, jewelry, and accessories sectors. The brands include Montblanc, Lanvin, Jimmy Choo, Karl Lagerfeld, Van Cleef & Arpels, Boucheron, Coach, Paul Smith, Repetto, Rochas, and S.T. Dupont. The company outsources the production process to manufacturing partners and distributes the products. The company generates the majority of its revenue from the overseas market, with Europe, America, and Asia the core markets.

Hengan International is a leading producer of personal-care products in China. Its business comprises tissue paper products (close to 60% of sales), sanitary napkins (26% of sales), disposable diapers (5% of sales), and others.

Nutrabolt is a Bryan, Texas-headquartered sports nutrition company producing C4 pre-workout energy drinks, protein powders, and recovery supplements. Founded in 2002, it distributes through GNC, Amazon, and grocery chains, with C4 brand generating over $300 million in annual retail sales.

Desigual is a Barcelona-headquartered fashion retailer founded in 1984. It operates over 5,000 points of sale including e-commerce, retail stores, franchises, and department stores in more than 100 countries, with local offices in New York, Tokyo, and Hong Kong. The company generates €860 million in annual turnover and employs over 5,000 people worldwide.

China Feihe is China's largest infant milk formula producer, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its “more suitable for Chinese babies” proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

Anastasia Beverly Hills is a Beverly Hills-headquartered prestige cosmetics brand renowned for brow products inspired by the Golden Ratio. Founded by Anastasia Soare in 1997 with a flagship salon, it launched its first product line in 2000, pioneering the patented Golden Ratio Eyebrow Shaping Method. Signature items include Brow Wiz, Dipbrow Pomade, and Liquid Lipstick, sold at Sephora, Ulta, Nordstrom, and Dillard's across more than 25 countries including the US, UK, and Australia. The brand expanded into color makeup in 2014 via Instagram and upholds cruelty-free standards.

VANCL is an e-commerce retailer of private-label apparel, footwear, and accessories sold through online platforms and 2,000 physical stores in China. The Beijing-headquartered company produces cotton shirts, casual pants, down jackets, and leather bags in factories across Hebei and Jiangsu provinces. VANCL shipped 100 million items in 2022 via its logistics network covering 300 cities.

Blue Moon has a portfolio of market-leading products in three categories: fabric care, personal hygiene, and home care. Fabric care constitutes around 90% of the group’s revenue. As a pioneer in China’s household care market, Blue Moon holds a leading market share by value in China’s liquid laundry detergent and liquid soap markets as of 2024. Blue Moon is also an early entrant into e-commerce, with the online channel contributing nearly 60% of 2024 sales. Most of Blue Moon’s core products are marketed under its namesake brand.

Lion Corp is a Japanese household and personal products manufacturer. It is engaged in the manufacture, sale, and trade of daily necessities, over-the-counter medicines, and chemical products. The company operates through three main segments: Consumer Goods, Industrial Products, and Overseas Business. Its consumer goods segment includes products such as toothpaste, toothbrushes, hand soap, detergents, and pet supplies; the industrial products segment handles chemical raw materials and commercial products; while its overseas segment focuses on the manufacture and sale of daily necessities in international markets. It generates the majority of its revenue from the Consumer Goods segment.

Nuvemshop is a Buenos Aires-headquartered e-commerce platform empowering SMBs in Latin America with tools for store creation, payments via Mercado Pago, and logistics integrations. It supports over 100,000 stores in Brazil, Argentina, Mexico, and Colombia with features like abandoned cart recovery and SEO optimization. Nuvemshop provides apps for inventory and marketing automation. Launched in 2011, it processes millions in GMV annually.

Bic manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash, and e-commerce. Its products include BIC 3, BIC Comfort 3, BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. The company generates majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa, and Asia.