Growth-oriented private equity firm Arcline Investment Management LP injected capital into Actera Ingredients, marking its first investment in the bio-actives personal care space.
Actera makes bio-actives for hair and skin care, nature-derived specialty personal care preservatives and other cosmetics ingredients. The Arcline investment should help the company expand its capabilities and workforce, as well as advance its product innovation, Actera CEO Dan Winn said in a news release.
