Lime Crime, the digitally native makeup brand, announced in June that it was acquired by Tengram Capital Partners. Stacy Panagakis, the former General Manager of Fresh, joins the brand as its new Chief Executive Officer.
Through the acquisition, Lime Crime will expand its partnership with brick-and-mortar retail stores and focus on growing its online presence through its flagship website and other digital retailers. Lime Crime is also working on developing new products that feature the whimsical innovations the brand is known and loved for.
The acquisition does not change Lime Crime’s dedication to its core values. The brand was founded by Doe Deere in 2008 as a makeup brand for unicorns – people who live fearlessly. Lime Crime is a vegan and cruelty-free makeup brand that has been certified by PETA and the Leaping Bunny Program.
Tengram Partners also recognizes the tremendous loyalty that Lime Crime has inspired among its users. Through social media, word-of-mouth, and email, Lime Crime unicorns are devoted to the brand and its products. To date, Lime Crime has over 4.4 million followers from around the world tuning in to its social channels.
Many Lime Crime products quickly become cult favorites the moment they’re introduced. The Velvetines Matte Liquid Lipsticks were one of the brand’s original products and remains a mainstay. The Velvetines are inspired by rose petals and have a unique formula that glides on as a liquid but dries down to a matte finish. Lime Crime founder Doe Deere has said that the Velvetines were among the first of their kind in the beauty world.
Last spring, Lime Crime also introduced Unicorn Hair, a series of semi-permanent hair dyes with big color impact. Since the launch, Lime Crime fans have been posting pictures and videos of the ways they’ve combined Unicorn Hair dye colors to create bold new shades.
A merger for the books..
Talos Energy LLC is an oil and gas company that works out of the Gulf Of Mexico. What they do is they develop and explore the production of gas and oil from that region. Talos Energy started from a $600 million dollar investment from Apollo Global Management & Riverstone Holdings back in 2012. What really put Talos Energy on the map was a discovery of 1.5-2billion barrels of light crude oil. Their desire to be the leading company in the industry developing and emphasizing on asset optimization, exploitation, and exploration.
Tim Duncan, Chief Executive of Talos Energy has been working on a personal project close to home for the last 4 months. He has been trying to orchestrate a $2.5billion dollar merger with his own personal company and Stone Energy, but this would be no easy task. The payout for Stone Energy, a publicly traded but bankrupt company, was obviously there, it was up to Tim to dig in the paperwork, crunch the numbers with a cup of coffee and sell himself of the profitable back-end if it’s there and more
All the while, having to take precautions to make sure his family was safe from Hurricane Harvey, who was at the time, still not finished making it’s a mixed drink of Texas homes and street lights, on the rocks. (no pun intended) But, he was determined and this deal was going to happen, and that he did.
Following the merger of Talos and Stone Energy what the reality of just how good of a deal they made, given its low-risk nature. It’s high assets of $2.3billion against its lower debt of $700million, mixed with a $900million dollar a year revenue was a job well done. This low-risk platform is almost a must-needed-recipe, in order to offset the high-risk nature of using million dollar equipment in the Gulf of Mexico and its frequent catastrophic weather.
There are high expectations for Tim and Talos and the resume that they bring, to double their current 48k barrels of oil a day. With old business tactics and new technology strategies, Tim, chief executive of Talos, hopes to lead the forefront of oil drilling in the Gulf of Mexico.
To know more visit @ twitter.com/talosenergyllc
Recently, Alex Pall did an interview where he and Andrew Taggart answered questions on how they met and the things that led them to have the Chainsmoker band. The band has seen increasing popularity this year and is only growing in popularity.
How It All Began
Alex Pall was a DJ when he was a teenager and young adult. He felt really passionate about this work and was at a gig. While he was at this gig, he realized that the future was dance music and he wanted to pursue that avenue. He started with a manager that introduced him to Andrew Taggart, who moved from Maine to help start the band. Pall quit his job and helped to start the Chainsmokers.
How They Knew It Would Work
Alex Pall said he knew their partnership would work because they liked a lot of the same things and knew what each one of them could bring to the table. They both were extremely ambitious, and both knew if they worked hard together, that they would have a tremendous amount of success. They knew that with each of their talents put together, they would have no trouble achieving any of their dreams.
Feeling Connected To The Fans
One of the things that Pall has noticed is that through social media, they know how to reach their fans. They have seen from their Instagram page, that their music is going international. They are able to reach the 16 to 25-year-old people in places like South Africa and the Philippines. Alex Pall says that he loves seeing through social media how they have reached their fans. They love seeing videos of little kids who have loved their songs. They also like the fact that their music can make an emotional connection to people.
Upcoming Changes For Live Shows
The Chainsmokers will have some changes with their live shows. They want to bring something new to each and every performance. They want to make sure that their content is reaching everyone and making sure that people are at the moment. Alex Pall said that they wanted to ensure that their music and their performance stays in the minds of their fans. They want to make sure that their fans have an amazing time at each show.