Shovana Chowdhury

Susan Anderson

Ashley Helgans

Dana Telsey

Jungwon Kim

Korinne Wolfmeyer

Lauren Lieberman

Olivia Tong Cheang

Robert Ottenstein

Sydney Wagner

Jonna Kim

Kate Grafstein

Katie Graf

Katie Grafstein

Lillian Moffett

- Olaplex Holdings has completed its **first-ever acquisition** by purchasing **Purvala Bioscience**, a Boston-based biotech firm founded in **2020** by Drs. Bradley Olsen and Justin Paloni.  **[1868726_859127d1068b4877931e8bae3b02f07c]** 
- Purvala Bioscience specializes in developing **bioinspired molecules** for the health and beauty sectors, and this acquisition aims to enhance Olaplex's product portfolio with **new science-backed beauty solutions** alongside its patented Bis-amino technology.  **[1868726_859127d1068b4877931e8bae3b02f07c]** 

Olaplex's financial performance for the trailing twelve-month period is as follows:

| Metric | TTM |
|:---|:---|
| Sales ($USD Millions) | **$423.08**  **[1868726_859127d1068b4877931e8bae3b02f07c]**  |
| Gross Margin (%) | **68.9%**  **[1868726_859127d1068b4877931e8bae3b02f07c]**  |
| Operating Margin (%) | **8.13%**  **[1868726_859127d1068b4877931e8bae3b02f07c]**  |
| Revenue Growth Rate (%) | **-2.9%**  **[1868726_859127d1068b4877931e8bae3b02f07c]**  |

Olaplex Acquires Purvala Bioscience

OLAPLEX HOLDINGS (OLPX)