January 28, 2025 – Sydney, Australia – Thaddeus Martin Consulting (TMC) is proud to have supported Glow Capital Partners in its acquisition of a majority stake in Delta Laboratories, a leading contract manufacturer of personal care and cosmetics products based in Somersby, NSW.
Delta Laboratories, founded over four decades ago by Gary Leach, has been instrumental in the success of numerous Australian and global beauty brands. The business specialises in cosmetics, sunscreen, and therapeutic skincare, leveraging TGA registration to ensure high-quality product manufacturing.
Glow’s investment marks its third from its industrial, consumer, and technology Growth Fund I, following its acquisitions of Cargo Crew and Ecommerce Equation. The acquisition will see Ben Sebel appointed as Chair, with Justin Ryan, Annie Chen, and Sarah Hamilton joining the board.
TMC was engaged alongside PwC, Rothschild, L.E.K. Consulting, Argon & Co, and Bellrock as part of the advisory team supporting Glow. McGrathNicol, Cavendish Capital, and ANDE + Co advised Delta Laboratories.
“This transaction underscores the strength of Delta Laboratories and Glow Capital Partners’ strategic approach to high-growth consumer and industrial businesses,” said Dominic Tayco, Principal at Thaddeus Martin Consulting. “We are pleased to have contributed our expertise in corporate advisory, governance, and transaction support to ensure a smooth and strategic acquisition process.”
