Blissim to sell minority stake to Raise Investment

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MERGERMARKET – 10/01/2022

Private equity firm RAISE Investissement announced that it has entered into exclusive negotiations with the French subscription-based retailer of cosmetics products Blissim to acquire an undisclosed minority stake through an LBO transaction.

The French-language item noted that the founders/directors Quentin Reygrobellet and Martin Balas remain the majority shareholders, while existing backers Otium Capital and Trocadero Capital Partners reinvested in the business. […]

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