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Tengram Capital Acquires Lime Crime

Tengram Capital Partners, a private equity firm that focuses exclusively on branded consumer and retail companies, as acquired Lime Crime, the trendsetting makeup brand known for its vibrant, cruelty-free and vegan products. Lime Grime has also appointed Stacy Panagakis, formerly General Manager of Fresh, as CEO. The Tengram acquisition will support Lime Crime's growth strategy. The brand is creating a broader selection of products, introducing new categories and bringing its innovative formulations to further enchant the Lime Crime global community. Richard Gersten, Partner at Tengram, stated, "Lime Crime is truly unique among beauty brands, with a powerful following and a deep understanding of...