Currently, Elf Cosmetics (officially e.l.f. Beauty, Inc.) is a publicly traded company. This means ownership is distributed among shareholders who own stock in the company.
Here's a breakdown:
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Publicly Traded Status: Elf Cosmetics is listed on the New York Stock Exchange (NYSE) under the ticker symbol "ELF."
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Distributed Ownership: Because it's a public company, no single entity owns Elf Cosmetics outright. Ownership is spread across numerous individual and institutional investors. These investors hold shares of the company's stock.
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Past Ownership: Previously, in 2014, TPG Growth, a private equity firm, acquired a majority stake in Elf Cosmetics. This was a significant period in the company's history, eventually leading to its initial public offering (IPO). However, TPG Growth no longer holds a majority stake since the company went public.
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Leadership: While not an "owner," Tarang P. Amin is the Chairman and Chief Executive Officer of e.l.f. Beauty, Inc., leading the company's strategic direction.
In summary, Elf Cosmetics is now owned by its shareholders, and the company operates independently under its executive leadership team.
