Intrepid announced its advisory role in the recent growth investment in DavexLabs LLC dba L’ANZA, a portfolio company of Caltius Equity Partners, by WestView Capital Partners in partnership with Chief Executive Officer, David Berglass. Intrepid initiated the transaction, assisted in the negotiations and served as exclusive financial advisor to DavexLabs.
Founded in 2002, DavexLabs is a leading independent hair care company exclusively dedicated to the professional salon channel. Under its L’ANZA brand, the Company develops and markets a complete line of high-performance premium salon hair care products incorporating proprietary formulations and advanced ingredient complexes designed specifically to heal, seal and protect the hair. The Company’s portfolio is comprised of salon retail products including shampoos, conditioners, hair sprays and styling products and a rapidly growing line of service-based products, including hair color and treatment systems.
“We selected Intrepid based on their deep experience in the beauty care industry and professional hair care sector. They truly understood the L’ANZA brand, our shareholder goals and the dynamic nature of our industry. I believe they found us the right partner to help accelerate the growth of L’ANZA,” said David Berglass, Chief Executive Officer of DavexLabs. “Intrepid provided a unique combination of beauty care industry expertise, hands-on guidance and strategic advice throughout the process, which helped us achieve a highly successful outcome,” added Garrick Ahn, Managing Director, Caltius Equity Partners.
“We were proud to be a part of the L’ANZA team and thank both Caltius and David Berglass for the opportunity. Beauty Care is a core sector for Intrepid and we are pleased to play a role in the further development of a high growth beauty care brand such as L’ANZA. We will watch with great enthusiasm as David Berglass and WestView continue to rapidly expand the L’ANZA brand,” said Steve Davis, Managing Director and Head of the Beauty & Personal Care Practice, Intrepid Investment Bankers.
Deal Team Contacts
About Intrepid Investment Bankers
Intrepid Investment Bankers provides M&A, capital raising and strategic advisory services to entrepreneurs and middle-market companies in various industry sectors. Our heritage, rooted in our founders’ successful 35-year history, breeds a culture that embraces teamwork, tenacity and creativity to win big for our clients. We believe that every company has an entrepreneurial passion that drives it and a story that defines it. Our team delivers results through skillful positioning of the client’s story and relentless execution. Based in Los Angeles, Intrepid augments its international capabilities through active membership in M&A International, an exclusive global alliance of M&A advisory firms.