Transaction

Clearwater advises the shareholders of Boho Green on its sale to Léa Nature

Transaction

Sale of Boho Green to Léa Nature

Sell-side

Undisclosed

Role

Adviser to Alter Equity on the sale of Boho Green to Léa Nature

Sector

Consumer

Region

France & Belgium

We have advised Alter Equity on the sale of Boho Green, a natural and organic cosmetic brand, to Léa Nature.

Founded in 2012 and taken over in 2015 by its current management team, Boho Green is a natural and organic cosmetic brand, offering a wide range of products for complexion, eyes, lips and nails.

The company distributes its products in convenience stores such as Monoprix beauty corners, pharmacies and parapharmacies, organic stores such as Biocoop and La Vie Claire, beauty salons, and online.

With a +50% CAGR over the 2014-2018 period, the brand aims to double its revenue by 2022.

Founded by Charles Kloboukoff, the family-owned Léa Nature is the leading manufacturer of organic and natural products, generating €400m of revenue. With this acquisition, the group wishes to reinforce its make-up branch by integrating an innovative and committed brand into its portfolio.

Boho makeup

Boho Green, being Alter Equity’s first investment, it was essential for us to ensure the best possible exit for this successful company. Clearwater has been an unwavering support throughout the process and greatly contributed to the sale of Boho Green to Léa Nature, the industry leader, in an optimal timescale. We are thrilled to see Boho Green join a renowned, committed group like Léa Nature and are convinced that this company will perfectly integrate Boho Green and its remarkable management team, while preserving its DNA and values.

FANNY PICARD, FOUDING PARTNER, ALTER EQUITY

Advisers

Transactions