WHO: Valley was founded in 2006 by Nina Werman to deliver highly personalized nail-art services and impeccable nail care, with three NYC locations in Nolita, Chelsea, and the Upper East Side.
Founded in 2015, HBG currently operates a diverse portfolio of beauty brands across the hair, skin, and makeup categories, including DreamDry, co-founded by Rachel Zoe, Spruce & Bond, and Pucker.
WHY: The acquisition of Valley rounds out the portfolio with the nail category.
- Financial details for the transaction were not disclosed.
- HBG currently will operate 16 locations across four brands following the acquisition.
- Expansion plans are under way for 3 additional locations, new services and product lines.