FundComb
Confirmed Control Closed Transaction verified BeautyConsumerprestige skincareSkin Care

Drunk Elephant Holdings, LLC acquired by Shiseido Americas Corporation

Shiseido Americas Corporation acquired Drunk Elephant Holdings, LLC, a US prestige skincare brand, on Nov 6, 2019.

Transaction summary

Target
Drunk Elephant Holdings, LLC
Seller
-
Announced
2019-10-08
Geography
United States
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-10-04
Latest update
2026-10-18

Value and multiples

100% enterprise value

USD 845M

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

8.5x

Period: Sales Period Unspecified

Basis: Estimated

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 845M

Harvard Business School reports that Shiseido would acquire Drunk Elephant for $845 million; the supplied issuer announcement does not state consideration.

Basis

  • Harvard Business School reports an 8.5x sales acquisition valuation; its revenue period is unspecified. Shiseido’s later FY2019 revenue of US$120m is retained as separate annual context. The announced acquisition value was US$845m.

Other reviewed estimates

Earlier estimates and their sources.

Messages from Brand Heads | Annual Report 2019
Revenue USD 120m
Open evidence

Source summary

Shiseido to Acquire DRUNK ELEPHANT™

Confirmed

has signed a definitive agreement to acquire DRUNK ELEPHANT

Open source

Drunk Elephant Holdings, LLC acquisition completion announcement

Confirmed

買収する手続きを完了しました。

Open source

Messages from Brand Heads | Annual Report 2019

Confirmed

In 2019, Drunk Elephant delivered global net sales of $120 million

Open source

Shiseido Acquires Drunk Elephant

Confirmed

for $845 million, a valuation of 8.5 times sales

Open source

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