THE WHAT?  Kosas Cosmetics, a Los Angeles-based makeup brand, is exploring sale options with the assistance of investment bank North Point.

THE DETAILS Founded in 2015 by Sheena Zadeh-Daly, Kosas has been an early player in the clean cosmetics category. The brand, known for integrating makeup with skincare, has gained popularity and is a staple at retailers like Sephora. Notable products include Revealer Concealer, Wet Lip Oil Gloss, and Plump + Juicy Vegan Collagen Spray-On Serum. It has attracted investments from firms like VMG, Stripes Group, Beechwood Capital, Imaginary Ventures, and Scooter Braun’s TQ Ventures. Kosas is available at retailers such as Sephora, Mecca, SpaceNK, and Credo, with net sales around $75 million, expected to surpass $120 million this year.

THE WHY? The exploration of sale options by Kosas indicates the brand’s growth and success in the clean cosmetics market, aiming to leverage its market position and valuation for a potential sale.