Moved to the U.S. in 2003 with P&G (18 years total) and worked in manufacturing plants around the U.S. and HQ in Cincinnati running global supply chains. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. CBI websites generally use certain cookies to enable better interactions with. "We are very well-positioned to be a leading manufacturer and innovator in that space. Elevation Labs (powder cosmetics business) - PitchBook Elevation Labs consists of three different divisions - Idaho (previously Northwest Cosmetic Labs) and Colorado (previously Colorado Quality Products. "I feel totally blessed that we have such an amazing workforce that goes above and beyond. 1 Acquisition Elevation Labs acquired 1 company. In 2018, the company acquired Colorado Quality Products in Denver, and the combined company rebranded as Elevation Labs to help unify the combined business. Digital elevation model of South Fork Toutle River, Mount St. Helens The closing is subject to required third-party consents and entering into a manufacturing and supply agreement under which Elevation will manufacture certain of the companys and Neoteric Cosmetics products. "Thanks to our talented team's unmatched dedication to creating the highest quality products for our clients, we have become an industry-leading formulator and developer for some of the most dynamic, high-growth beauty brands in the world," said Michael Hughes, President and CEO of Elevation Labs. Based in Idaho Falls, ID, Elevation Labs f.k.a. Who is Elevation Labs Headquarters 2105 Boge Ave, Idaho Falls, Idaho, 83401, United States Phone Number (208) 522-6723 Website www.elevationlabs.com Revenue $282.7M Industry Cosmetics, Beauty Supply & Personal Care Products Consumer Goods Manufacturing Elevation Labs's Social Media Is this data correct? Diagnosis of hemolytic anemia in adults - UpToDate Elevation Labs - CompanyWeek 1-month subscription to BizWest & all of the publications in print version. Elevation Labs has 3 investors. New technology laboratory open in Johannesburg SAN FRANCISCO and IDAHO FALLS, Idaho, June 30, 2022 /PRNewswire/ -- Knox Lane, a growth-oriented investment firm focused on partnering with businesses in the consumer and services sectors, today announced it has entered into a definitive agreement to invest in Elevation Labs (the "Company"), a leading formulator and manufacturer of premium beauty products. Founded by Andy Pointon in 1999, Colorado Quality Products had a long collaborative relationship with Northwest Cosmetic Labs prior to the acquisition. This is Elevation Labs' 1st transaction in the Consumer Services sector. By continuing to use this site you are consenting to these choices. 7-Day Free Trial. 1-year subscription to BizWest & all of the publications in print version. We offer custom development and comprehensive contract manufacturing solutions for quick speed to market opportunities. For more information, please visit www.elevationlabs.com. Neoteric is a subsidiary of Scotts that produces hair- and skin-care products. Elevation Labs is a formulator and manufacturer of innovative skincare and color cosmetic Elevation Labs | Brookside Capital Partners Texas Instruments SVP hired as Solid Power CEO, Northrop Grummans Boulder facility to handle $100M Navy contract, HTeaO to open franchise location in Loveland. As part of the partnership, Elevation Labs will seek to grow its capacity, capabilities, and team in support of both existing and new brand partners. Knox Lane acquires majority stake in Elevation Labs - FashionNetwork.com Analyst Briefing Submitters are 7x more likely to receive a qualified connection. ", Authentic Brands Group buys Hunter's IP, names license partners, M&S expands shoe brands offer as it targets major footwear growth, ASOS, Fashion Minority Report launch incubator for ethnic minority-owned brands, Revolution beauty narrows losses as sales rise in H1, Lululemon outlook lift thrills Wall St as yogawear stays in vogue, Macy's forecasts dour 2023, blames higher promotions to counter slow demand, M&S to take further inflation hit as it commits to holding back-to-school prices, Caleres clocks nearly 10% sales dip, reveals cost-cutting measures moving forward, LVMHs Mtiers dArt division buys majority stake in Italian leather specialist Nuti Ivo. Elevation Labs - Home - Facebook 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal. Northwest Cosmetic Laboratories, LLC) is a formulator and manufacturer of innovative cosmetic and skin care products for leading branded cosmetic and personal care companies. "We are thrilled to support Michael and the Elevation Labs team as they continue to partner with innovative brands in the beauty industry," added Bailey. We look forward to leveraging their team's industry expertise and operational insights to unlock value for our business, employees, and importantly, our valued customers all while fulfilling our mission to create Phenomenal Customer Experiences Every Day. Along with management, Clearview invested equity from Clearview Capital Fund III, LP. INTRODUCTION. Moreover, it plans to supplement its organic growth with strategic acquisitions that complement its existing geographic footprint and capabilities. Stamford, CT, August 21, 2018 Elevation Labs, a portfolio company of Clearview Capital Fund III, LP ("Clearview Fund III"), has completed the acquisition of Colorado Quality Products, LLC. They were further ahead in the natural space. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. This is Elevation Labs 1st transaction in the Consumer Products sector. Clearview-backed Elevation Labs Acquires CQP - Citybizlist Join Mergr and gain access to Elevation Labs M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the consumer products sector. Today the company operates out of a 178,000-square-foot building on 10 acres in Idaho, and recently doubled its footprint in Colorado to 160,000 square feet. - Facebook: Elevation Labs Elevation Labs currently provides extensive formulation and filling capabilities to over 100 industry-leading beauty brands across more than 80 distinct product categories including skincare, haircare and color products, via its facilities in both Idaho Falls, Idaho . Elevation Labs acquired 1 company. We're now getting the opportunity to really leverage the larger scale and attract larger customers to do longer runs.". . In particular, since 2018, it has innovated over 150 products in collaboration with partner brands that have been recognized by. . Apr 27, 2023, By Bart Taylor | The Company has further distinguished itself with its commitment to ESG through a variety of key initiatives, including powering its facilities entirely with renewable energy. Everything we produce, we custom develop. ", "We are really finding opportunities to leverage the larger tank size and higher-speed lines," continues Hughes. Orthophotography was acquired shortly after the eruption (June 19 and July 1). Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Diaphragmatic eventration (DE) is the abnormal elevation of a portion or entire hemidiaphragm due to a lack of muscle or nerve function while maintaining its anatomical attachments. Regular regional manufacturing industry updates for the Sustainment Community, Skincare, haircare, cosmetics, and other personal care products. Elevation Labs was founded in 1995 and is based in Idaho Falls, Idaho. The contents of this website are copyright BizWest Media, LLC. Elevation Labs is a formulator and manufacturer of innovative skincare and color cosmetic "They started it in 1995 and were producing shampoos and conditioners and body washes in a very tiny office with four people," says Hughes. Information on acquisition, funding, investors, and executives for Elevation Labs (powder cosmetics business). it's been delivered there. In Idaho, we had the FDA experience as well, so we wanted to marry those two sets of experiences. Elevation Labs Stock Price, Funding, Valuation, Revenue & Financial "The cooperation and attitude of our employees has been astounding," he says. Elevation Labs already provides formulation and filling capabilities to more than 100 beauty brands across more than 80 product categories, with facilities in both Idaho Falls, Idaho, and Denver, Colorado, but Bailey believes it can do even more, including expanding its geographic presence. Hemolytic anemia is defined as the destruction of red blood cells (RBCs) before their normal 120-day life span. Idaho Consumer Products with Acquisitions, Recently Acquired Consumer Products Companies, Recently Sold Consumer Products Companies, Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Don't have an account? site you are consenting to these choices. The company was just days away from signing a new lease at its previous facility in Aurora at the time. . 2023 Fairchild Publishing, LLC. You can read more about your. R236 of 28 February 2002 We have just sent you an email so you can verify your account. Cision Distribution 888-776-0942 To maintain that flexibility in Colorado, Elevation Labs acquired the former Scott's Liquid Gold building in northeastern Denver in late 2019, and moved into the 160,000-square-foot facility in spring 2020. In particular, future climate change may have disproportional impacts to these ecosystems. Clearview-backed Elevation Labs buys CQP | PE Hub In particular, since 2018, it has innovated over 150 products in collaboration with partner brands that have been recognized by Allure and other beauty awards around the country. United States, 2105 Boge Ave, . Mar 27, 2023. You can read more about your cookie choices at our privacy policyhere. Elevation Labs currently provides extensive formulation and filling capabilities to over 100 industry-leading beauty brands across more than 80 distinct product categories including skincare, haircare and color products, via its facilities in both Idaho Falls, Idaho, and Denver, Colorado. Harrison Ford Told 'Indiana Jones 5' Stunt Guys to 'Leave Me the F--- Alone' While on Horseback: 'I'm an Old Man' and 'Want to Look Like It', 'Succession' Series Finale: The Roy Family Saga Ended in a Breathtaking Blindside, Hannah Gadsbys Disastrous Pablo-matic Show at the Brooklyn Museum Has Some Pablo-ms of Its Own, Ivanka Trump's Latest Outing Proves She's Trying Harder Than Ever to Get Old Reputation Back. Elevation Labs to acquire Scott's Liquid Gold manufacturing - BizWest This is Elevation Labs 2nd transaction in the United States. Beauty, is currently a managing partner at Knox Lane. "Culturally, we just felt like it was a perfect fit," says Hughes. Elevation Labs has come a long way in 25 years. Elevation Labs is committed to delivering Phenomenal Customer Experiences every day to the brands we serve. Only logged in subscribers of this site will be able to access the shared article. "We are excited to partner with Knox Lane to execute on our strategy, given their multiple decades of investment and operational experience in the consumer products sector and track record of building exceptional beauty and personal care brands, said Michael Hughes, president and CEO of Elevation Labs. "From sunscreens to baby products to organic haircare, we've seen huge growth in those areas. Elevation Labs has acquired 2 companies, including 1 in the last 5 years. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Knox Lane to Partner with Ruppert Landscape. Clearview Capital announces the sale of Elevation Labs Nicholas Odysseus Lazarides - Managing Director - NLH Inc | LinkedIn We are capable of solving the most technically complex product needs and offer full Quality, Regulatory and Operational services with excellence. Theres a certain level of competency and technical requirements to work within this framework, particularly if you are an innovation partner, and Elevation Labs, through our work in the industry and our relationship with many different brands, really stood out as a true leader, Bailey, managing partner of Knox Lane, said of the deal in an interview with Beauty Inc. I do think that there is an opportunity for the market to move from more of a transactional to more of a partnership-driven kind of relationship-based approach and Elevations approach to business and partnership really stood out. "Our ultimate goal is to have two times the capacity to our forecasted demand so that we have extreme flexibility in getting our customers their product on time, and we've done an excellent job of that.". Not the case? As the combined company has expanded, Elevation Labs' business model has remained relatively static: formulating and manufacturing skincare, haircare, color cosmetics, and other personal care products largely for premium brands. We are capable of solving the most technically complex product needs and offer full Quality, Regulatory and Operational services with excellence. "There's a huge amount of complex volatility for us to manage against and pivot towards.