Acquisition · Portfolio-company
Mavely
Transaction overview
Status: Reported acquisition
Exact closing date not established.
Later reported acquiring Mavely from Rhyz Inc., a subsidiary of Nu Skin Enterprises, in a transaction valued at $250 million and funded by a strategic growth-equity investment from Summit Partners. Summit's role was the investing sponsor; Later was the buyer. The exact closing day was not stated.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Later Acquires Mavely for $250 Million ↗
Summit Partners · Published Jan 3, 2025
Later reported acquiring Mavely from Rhyz Inc., a subsidiary of Nu Skin Enterprises, in a transaction valued at $250 million and funded by a strategic growth-equity investment from Summit Partners. Summit's role was the investing sponsor; Later was the buyer. The exact closing day was not stated.