Private equity firm TPG Growth has acquired a majority stake in Elf Cosmetics from TSG Consumer Partners LLC.

Elf is a consumer cosmetics brand that sells cosmetics, tools and accessories. The brand, which was started in 2004, sells cosmetics starting at $1. Terms of the deal were not disclosed.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.