According to Maria: ‘We met numerous potential investment partners, but from our very first meeting, ABGF felt different. They took the time to understand our story, our point of difference and our vision. I instantly felt a connection.’
ABGF’s investment into INSKIN COSMEDICS was led by Co-Head of Investments, Ghazaleh Lyari.
‘INSKIN COSMEDICS’s specialised products, vertically integrated model and impressive distribution network bring something unique to the skincare market – which their loyal clinics, technicians and customers all attest to. I am looking forward to supporting Maria and her team as they continue to go from strength to strength,’ Ghazaleh said.
ABGF’s minority investment will be used to support the business as it continues to grow. ABGF will take a seat on INSKIN COSMEDICS’s board and be an active investor and strategic growth partner. Through its global network, ABGF will also help INSKIN COSMEDICS prepare for its launch in broader international markets.
Maria concluded: ‘With ABGF only taking a minority stake in our business, we don’t have to change who we are or give up control in order to work together. And now I have a female-led team to partner with – I feel confident we will continue to grow with next level heart, passion and market share.’
Ghazaleh agreed. ‘Personally, it has been delightful to get to know Maria, the first female founder in our investment portfolio, as well as the broader INSKIN COSMEDICS team. ABGF is committed to diversity, as it enables our teams to mirror the demographics of the businesses we invest in, such as INSKIN COSMEDICS, and spot opportunities in the market that may otherwise go unnoticed. We are very proud to be partnering with INSKIN COSMEDICS, and look forward to forging new paths together,’ she said.
Photo: Ghazaleh Lyari (ABGF Co-head of Investments) with the Cocciolone family: Mario, Maria, Cassandra and Alex.