Industry News
XP Private Equity Acquires Minority Stake in Brazilian Digital Skincare Brand Beyoung for R$140m (em português)
26 November 2020
XP Private Equity has acquired a minority stake in Brazil-based digital skincare and make-up brand Beyoung for R$140m (approximately US$26m).
(Brazil Journal) O fundo de private equity da XP está comprando uma participação minoritária relevante na Beyoung, a maior marca nativa digital de skincare e maquiagem do Brasil. O FIP XP Private Equity está injetando R$ 140 milhões na empresa, que vai acelerar seu crescimento lançando novos produtos e abrindo até 58 lojas flagships.
Read more at Brazil Journal.
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