Norwest purchase minority stake in scalp health brand Divi

Norwest purchase minority stake in scalp health brand Divi

THE WHAT Divi Scalp & Hair Health has announced that is has secured a minority investment from Norwest. Dani Austin and her husband, Founders Jordan Joseph Ramirez both plan to remain actively involved in the next chapter of the Divi story as the brand scales to a household name.

THE DETAILS Sonya Brown, Norwest general partner and co-head of the firm’s Growth Equity team, will join the Board of Directors.


THE WHY The investment will fuel international expansion, domestic scale in key metro areas and continue to deepen the brand’s established relationships with key retailers, including Ulta Beauty at Target and Amazon.

JOBS & PEOPLE

TRAVEL

PROFESSIONAL BEAUTY