GA takes big stake in Too Faced Cosmetics

General Atlantic is acquiring a majority stake in Too Faced Cosmetics, a global beauty brand, from Weston Presidio. As part of General Atlantic's investment, beauty industry veteran Ken Stevens will join Too Faced Cosmetics as chairman. Andrew Crawford and Andrew Ferrer, both of General Atlantic, are also joining the company's board. Too Faced Cosmetics' founders and senior leaders will retain significant ownership in the company.

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