Sidley represented Sara Happ Inc., a lip care cosmetics brand, in its sale of a minority ownership stake to BGM Ventures. The investment by BGM Ventures will help scale the brand, which is distributed in 22 countries and has 1,500 doors in the United States, including wholesale partners like Anthropologie, Thirteen Lune, Revolve, and a fleet of roughly 600 independent retailers.
The Sidley team was led by Emily Zipperstein and David M. Grinberg (M&A) and included Cat Zhang and Jake Funk (M&A and Private Equity); Elizabeth T. Burns (Employee Benefits and Executive Compensation); and Rachel D. Kleinberg (Tax).
