THG Plc (LSE:THG) agreed to acquire Cult Beauty Ltd. from Mark Quinn-Newall and Alexia Inge for approximately £280 million on August 3, 2021. The consideration is cash and debt-free basis. Threadstone Capital, LLC acted as Financial advisor to Cult Beauty Limited.

THG Plc (LSE:THG) completed the acquisition of Cult Beauty Ltd. from Mark Quinn-Newall and Alexia Inge for approximately £291 million on August 3, 2021.