Catterton Partners Acquires Leading Cosmeceutical Brand ...(ctin's record of profitable growth is a ...),Health

Date:7/13/2009

ctin's record of profitable growth is a tribute to its customer centric marketing and targeted formulations, which helped create the cosmeceutical skincare category. With this transaction, we intend to build on these strengths and our own expertise to further enhance StriVectin's product portfolio and extend its global reach. We will be looking at new technologies to strengthen StriVectin's strong clinical positioning, thereby increasing value to the end consumer," continued Ms. Shaban.

"The StriVectin brand is well positioned for today's skincare consumer wanting efficacious, solution-focused skin treatments with proven results," said Ms. Scalamandre. "Currently, the brand experiences a loyal customer base that is highly engaged in the skincare category. These StriVectin enthusiasts provide an extraordinary word of mouth advocacy on the brand's authenticity and product efficacy. Going forward, we see opportunities to address a wider range of skincare needs for a more diverse base of consumers in a broader range of markets."

"We are very proud of what StriVectin has achieved, and are delighted that with this transaction, StriVectin will be part of a team that has a solid record of growing and nurturing powerful brands," said Gina Daines, Director of Marketing for Klein-Becker.

Highland Consumer Fund invested alongside Catterton Partners in the transaction. Terms of the transaction were not disclosed.

(1) Source: Datamonitor, February 12, 2009

(2) Source: NPD Group, April 2009

About Catterton Partners

With more than $2.3 billion under management, Catterton Partners is a leading private equity firm in the United States focused exclusively on the consumer industry. Since its founding in 1990, Catterton has leveraged its investment capital, strategic and operating skills, and network of industry contacts to establish one of the str
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SOURCE Catterton Partners Copyright©2009 PR Newswire. All rights reserved

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