Ropes & Gray advised Stride Consumer Partners, a growth equity investment firm focused on passion brands in consumer products and services, in a minority investment in Patrick Ta Beauty, the namesake beauty brand for world-renowned makeup artist to celebrities Patrick Ta. The investment was announced on October 25. Financial terms were not disclosed.
The Stride investment will fuel the brand's growth by driving awareness for Patrick Ta Beauty, supporting the brand's portfolio and distribution expansion at Sephora as well as expanding the management team.
The Ropes & Gray team was led by mergers & acquisitions partner Stephanie Lapidus and mergers & acquisitions associate Kelley Cohen and included IP transactions partner Erica Han, employment & benefits partner Kyle Higley, tax partners Pam Glazier and Alyssa Kollmeyer and data, privacy & cybersecurity partner Fran Faircloth and life sciences regulatory & compliance partner Kellie Combs.
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