Capvis invests in Gotha Cosmetics Srl.

Baar, Switzerland, 26 September 2016

Capvis invests in Gotha Cosmetics Srl., a preferred partner to global colour cosmetics brands, alongside its founder and CEO Shawn Sedaghat

  • Trendsetting formulae and product innovation and variable depth of packaging and service offerings make Gotha a preferred one-stop-shop partner to the global colour cosmetics market
  • Capvis will support Gotha’s ongoing innovation-based growth strategy and its organizational development towards a global niche market leader

Capvis Equity IV LP, the private equity fund advised by Capvis Equity Partners AG (together "Capvis") acquired a majority of the shares of the Italian colour cosmetics specialist Gotha Cosmetics Srl. ("Gotha"). Gotha is an innovation and manufacturing partner to global colour cosmetics brands with 95% international sales. Its entrepreneurial founder and ongoing CEO, Shawn Sedaghat, remains a very significant minority shareholder and actively involved in the development of the company.

Founded in 2005 and based in Lallio, in the Italian colour cosmetics triangle between Milan, Bergamo and Cremona, Gotha has successfully positioned itself as a preferred innovation and manufacturing partner serving the full range of global cosmetics brands. As a one-stop-shop partner, the growing company researches and develops new formulae, industrializes new products in short time-to-market spans and offers in-house bulk manufacturing, filling and packaging, as well as full-service solutions to the global beauty industry ranging from prestige, masstige to mass market brands. "Gotha operates in the highly attractive colour cosmetics market. Our business model is focused on cutting edge research and product development which enables Gotha to capture and often set the latest colour cosmetics trends and propose innovative products to our customers." comments Shawn Sedaghat, founder and CEO of Gotha.

Capvis will support Gotha in tackling its multiple growth opportunities. "Gotha's dynamic growth of the past years has created the need to considerably expand our production capabilities in the near future. We are very happy to have Capvis as an entrepreneurially minded financial investor on our side that would help us drive our growth and allow us to better serve the needs of our clients", Shawn Sedaghat added. The projected expansion of the operations will also allow Gotha to timely respond to a growing R&D and production outsourcing demand of the leading cosmetic brands. "We are impressed by the business model of Gotha. Capvis is committed to help Gotha to further develop its structure and make the company into a global niche market leader in the fast growing colour cosmetics industry", says Giovanni Revoltella, Investment Director at Capvis Equity Partners AG.

About Capvis

Capvis is the leading private equity firm based in Switzerland. It invests in German-speaking Europe and selectively in Northern Italy. With a current fund volume of EUR 720 million, Capvis focuses on majority holdings in leading mid-sized companies. It aims to support management teams in releasing entrepreneurial potential and achieving new levels of excellence. Since 1990 Capvis has completed 50 transactions with a total volume of more than EUR 5 billion. Capvis has floated ten companies on stock exchanges and has repeatedly been voted Switzerland's and also Germany's best private equity firm by the international financial press. Gotha represents Capvis' third investment in Northern Italy.

About Gotha

Gotha Cosmetics Srl. was founded in 2005 as a private label cosmetics manufacturing company located in the province of Bergamo, near Milan, the Italian colour cosmetics hub, with the aim and vision of becoming a global point of reference in colour cosmetics innovation. As a one-stop-shop partner for the global cosmetics industry ranging from prestige, masstige to mass market brands, Gotha researches and creates new colouring cosmetics formulae, manufactures bulk products, industrializes new products and offers add-on filling and packaging solutions and currently employs more than 100 people.

For more information, please contact:

Capvis Equity Partners AG
Julie Darbellay
Investor Relations
+41 43 300 58 38