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Advent-Owned Haircare Firm Olaplex Valued at $13.6 Billion in Upsized IPO

The Santa Barbara, California-based company said it offered 73.7 million shares, raising about $1.55 billion.
Olaplex hair repair-focused products.
Olaplex hair repair-focused products. Instagram/@Olaplex. (Instagram/@olaplex)

Hair products maker Olaplex Holdings Inc fetched a valuation of more than $13.6 billion in an upsized initial public offering after pricing shares at $21 apiece, the Advent International-owned company said on Thursday.

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