Morphe's Parent Company Acquired for $690M by Jefferies, Cerberus

Forma Brands, the bankrupt owner of the Morphe makeup brand, reached an agreement with lenders Jefferies Finance LLC and Cerberus Capital Management to be acquired in exchange for $690 million in debt relief, according to a court filing.

Who owns Jaclyn Cosmetics? Is it Morphe? I can't remember the business relationship between the two. : r/jaclynhillsnark

So Nobody Finds This Weird? : r/jaclynhillsnark

Distressed Retail

R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report

Wall Street Bonus Bear Market

Report: Lenders Acquire Forma Brands for $690M

R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report

Morphe's Parent Company Acquired for $690M by Jefferies, Cerberus - Bloomberg

R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report

CPG WIRE (@cpgwire) / X

So Nobody Finds This Weird? : r/jaclynhillsnark