Blissim has entered into exclusive negotiations with RAISE Investissement to sell a minority stake, enabling potential growth in the competitive French cosmetics market.

Target Information

Blissim, a subscription-based retailer specializing in cosmetic products, is exploring new growth opportunities by selling a minority stake to RAISE Investissement. Founded by Quentin Reygrobellet and Martin Balas, Blissim has quickly established itself in the competitive beauty market, providing curated beauty boxes filled with a variety of high-quality cosmetic brands. The company is currently a prominent player in France, where it caters to an ever-growing customer base seeking convenience and personalized beauty experiences.

The founders remain the majority shareholders following this transaction, indicating their commitment to steering the company's future direction. Existing investors, Otium Capital and Trocadero Capital Partners, are also choosing to reinvest in Blissim, demonstrating their confidence in the company’s potential for growth and expansion.

Industry Overview

The cosmetics and beauty industry in France has experienced significant growth in recent years, driven by increasing consumer demand for innovative and diverse cosmetic products. France, often rega