Mason Wells, a Milwaukee-based private equity firm, has acquired the equity of Paris Presents Inc., a provider of branded and private label personal care products based in Gurnee Mills, Ill. Terms of the transaction were not disclosed.
Paris Presents was acquired from the Zall family. The company’s management participated in the equity purchase with Mason Wells and will be retained – all of the company’s employees will be retained as well.
"The existing management team of Paris Presents is looking forward to partnering with Mason Wells," said Leah Bailey the current operational leader of the business who became chief executive officer of the company with the transaction. "With their strong financial backing and management resources we will continue to serve our customers with high-quality products and services."
"Mason Wells is pleased to support the existing management team in their growth strategy," said Kevin Kenealey, managing director at Mason Wells. "Paris Presents’ management, employees and suppliers are all key factors that have allowed the Company to consistently exceed the expectations of their customers. We believe the Company provides an excellent platform for growth and is well positioned to capitalize on a number of market and new product introduction opportunities."
