JD Beauty Group has obtained a majority investment from Topspin Partners LP

October 2014 — Jeffrey Rosenzweig, the owner of JD Beauty Group, has sold the company to Topspin Partners LP for an undisclosed consideration.

J&D Brush Company Inc., doing business as JD Beauty Group, manufactures and markets professional hairbrushes and beauty products for women and men. It offers brush cleaners, pedicure files, hair brush with phone cases, styling clips, sprays, combs, blowout brushes, shine brushes, mini shine brushes, and paddle brushes. It offers its products through catalogs. The company was founded in 1977 and is headquartered in Hauppauge, New York.

Topspin Partners is a venture capital and private equity firm specializing in investments in early, mid, late venture, growth capital, lower middle-market, and buy-outs. The firm does not prefer seed investments and does not invests in real estate and energy-related companies. Topspin Partners considers emerging technology companies, primarily enabling and infrastructure software and hardware, security services, business and information services, health and wellness, consumer products, leisure, publishing and media, niche manufacturing, food and beverage, and restaurant. The firm typically invests in companies based in US with a focus on Long Island region. It makes venture capital investment between US$1–15 million per transaction. It seeks to invest in companies with an EBITDA between US$2–10 million and revenue below US$75 million. The firm prefers to make control and majority stake investments. Topspin Partners was founded in August 2000 and is based in Mamaroneck, New York, with an additional office in Roslyn Heights, New York.

Our role in the transaction

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