New wellness brand Beam secures $5m An emerging US-based brand offering CBD products has raised $5m in funding, led by private equity firm Obvious Ventures. Read more.

Cosmetic Solutions acquired by Lee Equity New York-based private equity firm Lee Equity has added Cosmetic Partners to its portfolio, for an undisclosed amount. Cosmetic Solutions provides custom skincare formulations and manufacturing for brands and skincare professionals. Read more.

Red Circle acquires majority stake in Retrosuperfuture The private equity firm owned by fashion entrepreneur Renzo Rosso has acquired a 51% stake in Italian eyewear brand Retrosuperfuture. Renzo, who acquired a minority stake in the brand in 2017, also owns OTB and Diesel. Read more.

French private equity firm announces €350m digital fund Idinvest has closed its third digital fund raising €350m to target high-growth technology companies, exceeding its initial target of €300m. Read more.

Victoria Plum acquired by Endless The online bathroom retailer is changing hands from TPG capital to another private equity firm, Endless. The acquisition, which includes the entire business and all the staff, will fund Victoria Plum’s online expansion. Read more.

SLG acquires three high street brands The global beauty company has added three new brands to its portfolio in a £15m deal. Amie Naturally Kind Skincare, Johnny’s Chop Shop Grooming and COLAB Dry Shampoo are part of SLG’s drive to innovate and grow at pace. Read more.