Confirmed Control (100%) Closed Transaction verified BeautyConsumerCosmeticsPrestige cosmetics

Too Faced acquired by The Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. acquired Too Faced, a US prestige cosmetics brand, on Dec 19, 2016.

Transaction summary

Target
Too Faced
Seller
-
Announced
2016-11-14
Geography
United States
Type
Acquisition
Deal type
Control
Stake acquired
100%
First added
2026-10-04
Latest update
2026-10-18

Value and multiples

100% enterprise value

USD 1.4B

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

5.37x

Period: FY2016 Forecast

Basis: Derived from source data

EV / EBITDA

-

EBITDA basis not stated

Basis: Estimated

Amounts paid and other reported values

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

Consideration: USD 1.4B

Announced approximate purchase price for the entities owning the brand.

Basis

  • Estée Lauder forecast 2016 sales above US$270m. Using US$270m as the estimate gives US$1.45bn / US$270m = 5.37x forward revenue. The later provisional purchase price was US$1.484bn.

Source summary

The Estée Lauder Companies to Acquire Too Faced

Confirmed

expected to reach more than $270 million in net sales in 2016. This represents growth of more than 70% for the year and 60% compounded annually over the past three years.

Open source

The Estée Lauder Companies Inc. Form 10-Q, Note 3: Acquisition of Businesses

Confirmed

On December 19, 2016, the Company acquired 100% of Too Faced, a makeup brand, for approximately $1.5 billion.

Open source

Continue your research

Explore more comps →