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Our client IL MAKIAGE has closed a $130M secondary sale round

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Our client IL MAKIAGE has closed a $130M secondary sale round

17 January 2022

Oddity, the parent company of the beauty brand IL MAKIAGE has closed a $130M secondary sale round. The round, which values the company at $1.5B and elevated the company to a Unicorn status, was led by Thomas Tull, Franklin Templeton, Fidelity Management and First Light Capital Group. Since the relaunch of Il Makiage on its website in 2018, the company has put significant efforts into becoming a technological leader in the beauty and e-commerce world. The deal was led by our Co-Head of our Corporate and Securities Department, Ran Hai, M&A Partner, Itay Lavi with the assistance of the department’s intern, Yahya Qaq.

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