ILIA Beauty

Laguna Beach, California

About ILIA Beauty

Company overview

ILIA Beauty, founded in 2011, is a clean beauty brand headquartered in Laguna Beach, California. Established by Sasha Plavsic, the company focuses on creating makeup and skincare products that combine clean, sustainable ingredients with high-performance formulas. Inspired by Plavsic's realization about harmful ingredients in traditional cosmetics, ILIA pioneered the clean beauty movement, emphasizing cruelty-free, vegan, and eco-friendly products. Acquired by Famille C, the Courtin-Clarins family's investment firm, and Clarins Group through an LBO in 2022, ILIA continues to innovate under Plavsic's leadership, maintaining a brand-first approach while expanding globally. The company targets consumers seeking premium, skin-friendly cosmetics with a focus on sustainability. Business/Product Breakdown ILIA Beauty offers a range of clean makeup and skincare products designed to fuse performance with skin health. Its portfolio includes hero products like the Super Serum Skin Tint SPF 40, a lightweight tinted moisturizer with skincare benefits, and the Limitless Lash Mascara, which has won multiple industry awards for its conditioning formula. Other offerings include the True Skin Serum Foundation, Multi-Stick for cheeks and lips, Eye Stylus Shadow Sticks in 20 shades, and the Bright Start Activated Eye Cream, which uses plant-based retinol alternatives. ILIA's products are formulated with clean, non-toxic ingredients, often incorporating skincare actives like hyaluronic acid and niacinamide, and are packaged in sustainable, recyclable materials. The brand sells through its e-commerce platform, major retailers like Sephora, and international markets, leveraging a direct-to-consumer model alongside strategic partnerships. ILIA's focus on innovation is evident in its response to customer feedback, such as reformulating the Eye Stylus Shadow Stick for improved packaging and performance.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee--------------------
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Jane DoeEmployee--------------------
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John DoeEmployee--------------------
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John DoeEmployee--------------------
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401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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