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Why A Financial Partner Made Sense After 20 Years of Bootstrapping Growth


April 8, 2021
April 8, 2021
Dr. Dennis Gross Skincare has built an iconic brand known for its hero product the Alpha Beta Peel. With global distribution that bridges both professional and traditional retail channels the business is recognized as a clinical skincare category leader built on organic growth and self-funded for twenty years. Cut to June 2020, when the brand partnered with consumer private equity firm, Main Post Partners, - known for investments in Milk Makeup and Too Faced - to position it for the next phase of growth. Carrie Gross, CEO of Dr. Dennis Gross Skincare, Vitaliy Simonian, Director of Finance, and Tara Hyland, Vice President at Main Post Partners, join us to share how they built the Dr. Dennis Gross brand into a cult-favorite with no outside funding, why they decided to look for a partner after twenty years and how their partnership with Main Post has positioned the brand to reach new heights. This webinar is part of a series sponsored by NetSuite focused on the various paths beauty brands have taken to fund growth and profitability. NetSuite is the world’s leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, eCommerce, inventory, and more. What We’ll Discuss: - How the Dr. Dennis Gross brand was built into a cult-favorite with no outside funding - Why the brand decided it was time to find a financial partner - How to find the right financial partner and how to leverage the partnership for more than just capital - What Main Post saw in Dr. Dennis Gross Skincare and what they look for when making investments