News & Announcements

Weil Advised L’Oreal on $1.2 Billion Acquisition of IT Cosmetics

Weil advised L'Oréal in its acquisition of IT Cosmetics, one of the fastest growing prestige beauty brands in the United States, for $1.2 billion from its founders, Jamie Kern Lima and Paulo Lima, and TSG Consumer Partners. The transaction closed August 31, 2016.

The Weil team that advised L'Oréal was led by Corporate partner Ellen Odoner and included Technology & IP Transactions head Michael Epstein; Corporate counsel Naomi Munz; Executive Compensation & Benefits counsel Steven Margolis; Antitrust counsel Brianne Kucerik; Corporate associates Jonathan Calka, Aamir Rahman and Giancarlo Ruscio; Tax associates Lexie Maravich and Benjamin Brookstone; Technology & IP Transactions associate Lauren Springer; and Executive Compensation & Benefits associate Franny Glick.