THE merger of Boost Lab and tbh Skincare sees the birth of a corporate beauty powerhouse.
Boost Lab has secured $5 million in Series B funding to join with tbh Skincare, taking advantage of the chance to combine resources and skill sets and rapidly accelerate both brands.
The merger will enable both brands to drive efficiencies across the newly unified internal team, develop new products, expand their international footprint, and unlock new distribution channels under the banner of York St Brands.
While both brands will, outwardly, remain separate from each other, York St Brands has announced a merged executive team.
Craig Schweighoffer (pictured), will step into the role of York St Brands' CEO, with tbh Skincare's co-founders Rachael Wilde and Bridget Mitchell taking on the roles of CMO and CFO respectively.
Raj Ghatge, the current GM of Sales & Marketing Boost Lab, will become York St Brands' COO and Dr Curtis Crasto as Head of Innovation, with a best-in-class marketing and ops team soon to be announced.
Both brands are set to expand their presence in pharmacy.
The above article was sent to subscribers in Pharmacy Daily's issue from 25 May 23
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