Nexus Capital Management Acquires Dollar Shave Club
Dollar Shave Club also offers a range of male grooming products including its recent expansion into electric trimmers.
Unilever plans to sell Dollar Shave Club to Nexus Capital Management for an undisclosed amount after seven years, retaining a 35% minority stake. Imagine if Dollar Shave Club had not been acquired, how much DTC pain would have been saved for investors and startups?