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EXCLUSIVE
* The color cosmetics brand was founded by the team behind Tula Skincare.
L Catterton is betting once again on the founders of Tula Skincare.
The private equity firm has just made a "significant" growth investment in color cosmetics brand Dibs Beauty, launched in September 2021 by Tula Skincare founders Ken Landis (who also cofounded Bobbi Brown Cosmetics) and Dan Reich, with Austin, Texas-based influencer Courtney Shields and former chief operating officer of A-Rod Corp Jeff Lee. Terms of the transaction were not disclosed.
"L Catterton has the expertise and agility to help us become the leader in multifunctional, effortless makeup," said Lee, chief executive officer of Dibs. "Our makeup goes where our...