THE WHAT? Olaplex Holdings has filed an IPO at the U.S. Securities and Exchange Commission, making it the second company backed by private equity firm Advent International to do so within hours.
THE DETAILS The company has listed the size of the offering at $100 million, with a placeholder to change once terms of the share sale are set, according to Bloomberg.
Olaplex is being valued at $1.5 billion, with the shares being sold by current investors. According to the filing Advent will continue to control the company following the listing.
Goldman Sachs, JPMorgan Chase & Co, Morgan Stanley and Barclays are leading the offering.
THE WHY? Looking to further brand development, Olaplex is set to enter new categories outside of hair care. The company also reported plans to raise further capital in the future.
Taking to the filing, the company said, “We are also developing other potentially patentable technologies to support extension into non-hair care beauty and wellness categories that provide us with long-term growth opportunities.”
Aesthetic medicine products are developed and regulated to meet stringent safety and efficacy standards. They are typically administered by trained healthcare professionals such as dermatologists, plastic surgeons, and specialized nurses in clinical settings. These products aim to provide effective solutions for cosmetic enhancement, skin rejuvenation, and overall aesthetic improvement, contributing to both physical appearance and self-confidence.
Key categories of aesthetic medicine products include:
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Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.
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Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.
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Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.
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Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.
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Body Contouring and Fat Reduction: Devices and products used for non-surgical body sculpting, such as cryolipolysis (cool sculpting) devices and injectable lipolytics.
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Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.
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Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.
