STARFACE World has secured a $105M strategic investment from Astō Consumer Partners. This deal marks a significant growth milestone for the star-shaped acne patch brand, which was founded in 2019 by Brian Bordainick and Julie Schott. The transaction was advised by Baird and follows recent industry consolidation, including the acquisition of Hero Cosmetics by Church & Dwight Co., Inc.

Summary of transaction details:

• Deal Type: Strategic Investment
• Transaction Amount: $105,000,000
• Founders: Brian Bordainick & Julie Schott
• Headquarters Location: New York
• Notable Investors: Patrick Finnegan, Asto Consumer Partners, Align Ventures & Brand Foundry Ventures

Founded in 2019, STARFACE World specializes in acne treatment products and has positioned itself in the skincare market with a unique approach. The leadership team includes co-founders Brian Bordainick and Julie Schott, both of whom have experience in the consumer products space. The company has previously raised capital from various firms, demonstrating its appeal to notable investors in the industry.