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Gurwitch Products Acquires ReVive Skincare - bCatalyst

By Lester Carpenter,2014-05-12 05:05
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Gurwitch Products Acquires ReVive Skincare - bCatalyst

    Press Release

FOR IMMEDIATE RELEASE

GURWITCH PRODUCTS ACQUIRES RÉVIVE SKINCARE AND RELATED ASSETS

    FROM BAYS-BROWN LABORATORIES

Houston, TX. April 30, 2008 Gurwitch Products (“Gurwitch” or “the Company”), a

    luxury cosmetics and skincare company that develops, manufactures and markets

    cosmetics under the brand name Laura Mercier?, today announced that it has acquired

    RéVive Skincare, a premium skincare line, and related assets from Bays-Brown

    Laboratories. Terms of the transaction were not disclosed. Founder and owner of Bays-

    Brown Laboratories, Gregory Brown, M.D., will continue to play an active role in the

    development and marketing of RéVive as Chief of Creative Services.

    “We are excited to add the RéVive skincare line and look forward to lending Gurwitch’s resources to further RéVive’s success and growth,” said Sharon Collier, President and

    Chief Executive Officer of Gurwitch Products. “Its signature product line, RéVive, uses EGF - Nobel Prize winning technology - to create a high-end suite of skincare products

    that are among the most coveted in the industry.”

    “I have focused my career on developing surgery-free solutions to the signs of ageing and believe RéVive will greatly benefit from joining Gurwitch, a beauty industry leader in

    product development and retailer service,” said Dr. Brown. “I look forward to dedicating

    my energies to developing new anti-aging skincare products for the RéVive line.”

Gurwitch Products is also pleased to announce that Barbara Preston, Vice President of

    North East Sales has been promoted to Senior Vice President of Sales for RéVive.

“We congratulate Barbara on her well deserved promotion. She will play an integral role

    in the management of the RéVive brand,” continued Ms. Collier.

Gurwitch Products was advised on the transaction by Bryan Cave LLP, and Bays-Brown

    Laboratories was advised by Wyatt, Tarrant & Combs LLP and bCatalyst Advisors LLC.

About Gurwitch Products

    Gurwitch Products produces, manages and markets Laura Mercier Cosmetics, a global

    brand of high-end cosmetics, skincare and body and bath. Launched in 1996 and based

    in Houston, TX, the Laura Mercier line is available in over 650 doors in 24 countries.

About Bays Brown Laboratories

    Headquartered in Louisville, Ky., Bays-Brown Laboratories is the marketer and

    distributor of RéVive, a complete line of premium skincare products featuring Epidermal

    Growth Factor, to department stores and boutiques. Founded by Gregory Brown, M.D.,

    Bays-Brown Laboratories launched ReVive in 1997.

Media Contact:

    Chelsi Oestreich, Gurwitch Products

    281-275-7097

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