DAVEXLABS LLC has been acquired by WestView Capital Partners

DAVEXLABS LLC, doing business as L’ANZA, has been sold to WestView Capital Partners. Financial details have not been disclosed.

DAVEXLABS LLC, doing business as L’ANZA, develops and markets salon hair care products for individual hair needs. The company offers healing oils, such as shampoos, conditioners, hair sprays, and styling products, as well as service-based products, including hair color and treatment systems. It also provides professional salon services. The company sells its products through professional salons in the US and internationally. DAVEXLABS LLC was founded in 2002 and is based in Santa Monica, California.

WestView Capital Partners is a private equity firm specializing in equity investments in minority and majority recapitalization, growth capital financings, acquisitions, leveraged buyouts, industry consolidations, and lower middle-market companies. It also invests in add-on acquisitions. The firm invests in business services, industrial and manufacturing, software and information technology services, consumer, healthcare technology and outsourcing, growth industrial, technology enabled companies, distribution and logistics, consumer products and retail, healthcare services, environmental services, and media and publishing. It prefers to invest in companies based in North America. WestView Capital Partners was founded in 2004 and is based in Boston, Massachusetts.

Oaklins' team in Los Angeles advised the seller in this transaction.