Breaking News

Pat McGrath Labs Is Now Worth $1 Billion

A new investment means the company's valuation is more than Kylie Cosmetics.

Pat McGrath Labs Is Now Worth $1 Billion

07.19.18

Pat McGrath Labs is now valued at $1 billion, after striking a deal with New York City-based investment firm Eurazeo Brands, reports say.

Eurazeo has invested $60 million, and is a minority shareholder in the company -- bringing Pat McGrath Labs' total external funding to $88 million.

This surpasses Kylie Cosmetics' valuation of $800 million.

Read Next

Kylie Jenner To Be Featured on the Cover of Forbes

Related Searches

Suggested For You

Better Homes & Gardens Names Beauty Award Winners

Better Homes & Gardens Names Beauty Award Winners

Sephora Unveils Black-Owned Brands Campaign

Sephora Unveils Black-Owned Brands Campaign

Sephora Adds More Black-Owned Brands

Sephora Adds More Black-Owned Brands

Pat McGrath Receives Honor from the Queen

Pat McGrath Receives Honor from the Queen

Luxe Pack New York Celebrates A Sweet Sixteen Years

Luxe Pack New York Celebrates A Sweet Sixteen Years

Kylie Jenner To Be Featured on the Cover of Forbes

Kylie Jenner To Be Featured on the Cover of Forbes

Anastasia Beverly Hills Gets A New Backer, Sets Sights on Global Expansion

Anastasia Beverly Hills Gets A New Backer, Sets Sights on Global Expansion

Revlon Names First Woman CEO

Revlon Names First Woman CEO

Kourtney Kardashian Lobbies Congress with the EWG

Kourtney Kardashian Lobbies Congress with the EWG

$700,000 Worth of Counterfeit Cosmetics Seized in LA

$700,000 Worth of Counterfeit Cosmetics Seized in LA

Announcing the Finalists in the 2018 CEW Beauty Awards

Announcing the Finalists in the 2018 CEW Beauty Awards

NPD Details Top Trends in Beauty

NPD Details Top Trends in Beauty

Nest Fragrances Releases Wisteria Blue EDT

Nest Fragrances Releases Wisteria Blue EDT

What 2018 Holds for Beauty Brands

What 2018 Holds for Beauty Brands

Related Breaking News

Better Homes & Gardens Names Beauty Award Winners

The magazine's annual 'Life in Color' Beauty Awards includes the best in makeup, skin care, hair care and more—see who made the cut.
09.14.21
Skin Care/Sun Care

Sephora Unveils Black-Owned Brands Campaign

Aims to further recognize and celebrate the contributions that Black culture and Black innovators have made to the beauty industry.
08.25.21
Cosmetics | Hair Care

Sephora Adds More Black-Owned Brands

The beauty brand has achieved the 15% benchmark in prestige haircare.
07.29.21
Cosmetics

Pat McGrath Receives Honor from the Queen

Becomes the first makeup artist to be awarded a Damehood in the Queen’s Honors List.
Beauty Packaging Staff 01.06.21
Brush Fibers | Cosmetics | Eco-friendly | Glass | Hair Care | Metal | Package Development | Paper/Board | Personal Care | PET | Plastics | Printing/Decorating | Sample/Travel Sizes | Skin Care/Sun Care | Sustainable Pkg/Practices | Turnkey

Luxe Pack New York Celebrates A Sweet Sixteen Years

More than 3,500 brand executives met with 240 international exhibitors at Manhattan’s Pier 92.
Jamie Matusow and Marie Redding 07.26.18