Home News Marc Anthony Cosmetics said to hire advisers for Canadian IPO

Marc Anthony Cosmetics said to hire advisers for Canadian IPO

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Celebrity hairstylist Marc Anthony Venere.Marc Anthony Cosmetics/CNW Group

Marc Anthony Cosmetics, founded by its namesake celebrity hair stylist more than two decades ago, has hired advisers to run an initial public offering aimed at raising as much as $250 million (US$196 million), according to people familiar with the matter.

Canada’s largest independent hair care brand plans to file for its IPO as soon as next week, said one of the people, who asked not to be identified because the matter is private.

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