9 April 2024
Australian men’s grooming brand, Patricks has received a substantial investment from Shiseido’s newly formed venture arm. It is the inaugural investment made from the Shiseido Long-Term Investments for the Future (LIFT) Ventures fund, a vehicle investing in innovative, high-growth brands within the beauty and wellness space.
Certain existing and new investors participated in the raise alongside Shiseido LIFT Ventures.
Coghlan Duffy acted for Patricks in the transaction. The team was led by Partner, Zain Kazi, with support from Associate, Alyssandria Lim. Consumer M&A specialist investment bank, Lempriere Wells, arranged the raise for Patricks.
For more information about this transaction, please refer to the article in the Australian Financial Review, and the news release by Shiseido.
About Patricks
Patricks is a luxury men’s grooming brand founded in 2014 by former men's salon owner Patrick Kidd, and his wife, Aimee, a former lawyer. Owning an award-winning barber shop for many years, they were disappointed by the range of products available at the time. This inspired them to create a luxury skin and haircare brand for men that consciously combines performance, design, and sustainability. Patricks is stocked at Harrods, Selfridges, Bergdorf Goodman, Nordstrom, Saks, and Harrolds.
Zain Kazi | Partner
E: zkazi@cdandco.com.au
Coghlan Duffy is a specialist corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.
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