Ropes & Gray represented Gauge Capital in its strategic partnership and recapitalization of Loving Tan, a leading luxury sunless tanning brand headquartered in Brisbane, Australia. Loving Tan services the prestige segment of the beauty industry and its products can be found in prestige beauty retailers and online. The deal was announced in a July 6 press release.
Gauge Capital is a leading middle-market private equity firm based in Southlake, Texas with in excess of $2.0 billion under management and that invests in five key sectors: business services, food & consumer, government & industrial services, healthcare and technology.
The Ropes & Gray team was led by private equity partners David Hutchins and Matt Richards, tax partners Alyssa Kollmeyer, Elaine Murphy and David Saltzman, finance partner Greg Bauer, executive compensation & employee benefits partner Matt Jones, employment partner Richard Kidd, intellectual property transactions partner Erica Han, data, privacy & cybersecurity partner Fran Faircloth, and private equity associates Raxit Shah and Curt Ostosh.
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