Gauge Capital (US) → Coco & Eve (from Supernova, Singapore)
completedDeal announced2024-07-17
BuyerGauge Capital (US)
SellerCoco & Eve (from Supernova, Singapore)
SectorBeauty
ValueA$100.0M
Deal typePE
Texas-based private equity firm Gauge Capital acquired a majority stake in beauty brand Coco & Eve — founded 2018 by Emily Hamilton, under Singapore-based Supernova platform — for more than A$100 million. Coco & Eve was tracking toward A$120m revenue (35% YoY growth) at the time of the deal; founder Hamilton continued to lead the brand post-deal.
Why the buyer wanted it
Gauge Capital wanted a fast-growing, founder-led global beauty brand to back with growth capital.
Why the seller agreed
Supernova and Hamilton brought in a majority PE partner to fund continued international expansion while Hamilton retained an operating role.
Stock reaction
Not applicable — Coco & Eve is privately held.
Deal mechanics
Deal structure
Majority stake acquisition