As a boutique investment bank, Ohana & Co. has had a hand in some of the most pivotal deals in beauty’s M&A history. Its track record includes the sale of Tarte to KOSÉ Corporation, Hourglass to Unilever, Diptyque to Manzanita Capital, Violet Grey to Farfetch, and ReVive Skincare to S'Young, to name a few. This year marked the bank’s 30th anniversary of its founding in Paris. With only 10 of those years including its presence in the US, the firm still sees an untapped opportunity in the American market for its dealmaking expertise.The enterprise is led by the sibling powerhouse of investment banking: Managing Partners Ariel Ohana and Karine Ohana, and Senior Advisor Laurent Ohana. Ariel, who is now based in Los Angeles, founded the bank in Paris, in 1994 at just 23 years old, a few days shy of graduating from HEC Paris Business School. Prior to joining the company, Karine, based in Paris, had created the luxury goods division at French bank Société Générale. Based in New York, Laurent joined the firm when it opened its first US office, after investing in tech. With a team in Paris, New York, and LA, the firm is active in luxury, fashion, beauty, and digital M&A.Building a Beauty ReputationLuxury goods built the reputational ground for the bank to thrive. To date, it is the only firm to have closed transactions with all five of the major luxury strategics: LVMH, Richemont, Kering, Chanel, and Hermès. Their first beauty transaction took place in 2002 with the sale of French artisanal makeup brand T. LeClerc. That transaction set the ball rolling in beauty.In 2005, Ohana & Co.