ICG, one of the world's leading alternative asset managers, has acquired all the shares in D. Participations, the holding company of the Dessange International group, previously held by the investment company Eurazeo.
"ICG has a perfect knowledge of the Dessange International group, its brands, its positioning as well as the management team with which it has been working since 2016 on financing operations, which has created a mutual understanding and trust."says ICG.
Dessange International, positioned in the high-end hairdressing market, is organized around three core businesses: franchising with two international hairdressing brands (Dessange and Camille Albane) and a North American hairdressing brand (Fantastic Sams); products and distribution with its subsidiary DBA, including Phytodess, its international natural hair treatment brand, and Coiff'idis, a French specialist in the distribution of hairdressing products and equipment to professionals; and Dessange licensing. The company has 1,400 franchised salons in 36 countries, 1,070 of which are exported.