Levine Leichtman Capital Partners And Pacific World Corporation Announce The Acquisition Of Fing’rs Europe

Press Release | Source: Levine Leichtman Capital Partners

July 11, 2011 - Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that Pacific World Corporation (“Pacific World” or the “Company”), a portfolio company of Levine Leichtman Capital Partners IV, L.P., has completed the strategic acquisition of Fing’rs (Europe) AG and Fing’rs (Deutschland) GmbH (together, “Fing’rs Europe”).  Pacific World is a leading innovator and supplier of proprietary nail and beauty care products to consumers mostly through food, drug, and mass retail channels in North America under the Nailene, Fing'rs, Revlon, and Bio Oil brands.  Fing’rs Europe, also a leading innovator and supplier of proprietary nail and beauty care products, distributes its products through similar channels primarily in Europe.

The investments in Pacific World and Fing’rs Europe were funded from Levine Leichtman Capital Partners IV, L.P., a $1.1 billion private equity fund.  According to Lauren Leichtman, Co-Founder and CEO of LLCP, “The Fing’rs Europe acquisition is an important strategic addition to Pacific World, giving the Company a substantial foothold in Europe by which to expand distribution of its products.  We are delighted to continue our support of Joe Fracassi and the rest of the team at Pacific World as they continue to build a top-notch company.”

Joe Fracassi, Pacific World’s Chief Executive Officer, commented, “I’m extremely excited to bring the Fing’rs brands back together.  We look forward to leveraging both companies’ exceptional product development capabilities in the nail care space to improve our current offerings.  This combination will be a great win, not just for Pacific World and Fing’rs Europe, but also for both companies’ customers and consumers around the world.”