Gemspring Capital Acquires Creative Labs

WESTPORT, Conn., Feb. 10, 2025 /PRNewswire/ -- Gemspring Capital Management, LLC ("Gemspring"), a middle-market private equity firm, is pleased to announce that an affiliate has acquired Creative Labs and United Hair Care (together, "Creative Labs" or the "Company") in partnership with the Company's CEO, Brett Simmons. Creative Labs is a manufacturer and developer of branded and contract-manufactured haircare and skincare products. Financial terms of the transaction were not disclosed.

Creative Labs owns and operates a diverse portfolio of growing brands sold through multiple channels, including retail, e-commerce, and hair salons. The Company is uniquely positioned to adapt to evolving consumer trends and deliver innovative, high-quality solutions with its vertically integrated operations, which include in-house research and development, product testing, large-scale manufacturing, branding and marketing. In addition to its branded offerings, the Company provides contract manufacturing services for third-party brands. Headquartered in Eagan, Minnesota, Creative Labs remains at the forefront of innovation and excellence in the haircare and beauty industry.

Brett Simmons, CEO of Creative Labs, commented, "This partnership marks a pivotal moment for our business. We sought a strategic partner to help us realize our long-term vision and support accelerated growth of our brands, and Gemspring's deep expertise, industry insight, and experience in scaling family and founder-led businesses make them an ideal fit. Together, we plan to drive innovation, deepen customer relationships, and expand our presence across all channels."

Kristin Steen, Managing Director at Gemspring, added, "Creative Labs has earned a reputation for excellence and innovation in the hair and personal care industry. We are thrilled to partner with Brett and his talented team to build upon the Company's foundation and drive its next phase of growth and success."

Intrepid Investment Bankers, LLC served as financial advisor and McDermott Will & Emery, LLP served as legal advisor to Gemspring.

About Creative Labs 
Based in Eagan, MN, Creative Labs is a manufacturer and developer of branded and contract-manufactured haircare and skincare products. The Company owns a diverse portfolio of growing brands sold across channels and supported by its vertically integrated operations. For more information, visit www.creativelabsinc.com or www.unitedhaircare.com. 

About Gemspring Capital
Gemspring Capital, a Westport, Connecticut-based private equity firm with $3.8 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation and sustainable competitive advantages. Target companies have up to $1 billion in revenue and are in the business services, consumer services, financial and insurance services, healthcare, industrials, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Contact: Kristin Steen, kristin@gemspring.com

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SOURCE Gemspring Capital