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Tenth Avenue Holdings Announces The Acquisition Of Skincare Line From Sweden

Sep 28, 2022•about 3 years ago

Acquiring Company

Tenth Avenue Holdings

Acquired Company

Skincare Line

RetailE Commerce

Description

Tenth Avenue Holdings, LLC (TAH) has announced the acquisition of a majority stake in Under Your Skin, a natural skin and hair care brand based in Sweden. Under Your Skin, founded by the mother-daughter team of Christina and Lovisa Hahn (pictured), will launch its product line in the U.S. market in 2023. Lovisa Hahn will be named chief executive officer under this new partnership. TAH, a privately held, diversified holding company that operates and invests in privately and publicly held businesses, has a passion for long-term relationships with its founders and operators that fosters caring, curiosity, intellectual integrity, and fun.

Company Information

Company

Tenth Avenue Holdings

About

: Tenth Avenue Holdings LLC (TAH) is a privately held, diversified holding company that operates and invests in privately and publicly held businesses, and parent to Tenth Avenue Commerce LLC. TAH was founded in 2008 with the intent to combine the founders' close friendships with a shared desire to build an entity with enduring value. The company's passion is for long-term value creation that is rooted in relationships with founders and operators. TAH's current portfolio of private holdings and brands includes Big Barker, Bronx Brewery, Brook & York, Caulipower, E-Garderobe, EQL by Kerrits, Eve's Addiction, FaceVase, fromyouflowers.com, H.Bloom, Horsemen's Pride, Jolly Pets, Kerrits, Kitty Kasas, Lula's Garden, Oughton, PackIt, sendflowers.com, The Gift Basket Store. For more information about Tenth Avenue Holdings, visit www.tenave.com. SOURCE Tenth Avenue Holdings

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed