We advised Bansk Group in the transaction

Davis Polk is advising Bansk Group on its acquisition of a majority stake in amika and Eva NYC. Financial terms of the transaction were not disclosed.

Bansk Group is a New York-based private investment firm focused on investing in and building distinctive consumer brands. Founded in 2009, amika is one of the largest independent haircare brands in the United States and the only one of scale at the intersection of professional, prestige, and digital channels. Founded in 2012, Eva NYC has become one of the fastest growing masstige haircare brands in the U.S. Eva NYC is committed to delivering high-quality products with proven results at accessible price points, and is the only masstige brand with an aluminum packaging portfolio that is 100% recyclable, certified cruelty-free, vegan, non-GMO and free of harmful ingredients.

The Davis Polk corporate team included partners William J. Chudd and Darren M. Schweiger and associates Lisa Ogust and Alex S. Burger. The tax team included partner David H. Schnabel and associate Danielle Rapaccioli. Partner Adam Kaminsky provided executive compensation advice. Partner Sartaj Gill and counsel Welton E. Blount provided finance advice. The intellectual property and technology transactions team included partner Pritesh P. Shah. Members of the Davis Polk team are based in the New York and Washington DC offices.

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