Ariana Grande's r.e.m. beauty Announces Strategic Investment with Sandbridge Capital
Summary
beauty, the award-winning beauty brand founded by multi-talented Grammy winner, singer, and actress Ariana Grande, announced a strategic investment led by Sandbridge Capital, a leading consumer-focused private investment firm that exclusively partners with high-growth global brands. The investment also included participation from Strand Equity and long-term Grande collaborators HYBE America, Live Nation Entertainment and Universal Music Group.Founded in 2021, r.e.m. Im thrilled to have these amazing partners join us at this time, supporting our vision and expansion so that fans worldwide can continue to grow with us and enjoy our products. beauty because I believe in both Arianas overall vision and the brands fundamental values, which will be at the core of everything we do," said Michelle Shigemasa, recently appointed CEO of r.e.m. Since its founding with the backing of an iconic group of consumer industry operators and advisors, Sandbridge has been strategically partnering with modern brands across the beauty, luxury, health and wellness, and disruptive consumer-based technology segments.