Offering consumers the option to create salon quality nails at home

Pink Gellac is a Netherlands-based direct-to-consumer premium cosmetics brand known for its premium gel-based nail polish and on-trend color range. Its products are available online and through a growing network of brand stores and marketplaces. The company serves a loyal community of beauty enthusiasts who actively engage with the brand across digital channels. With its distinctive positioning and premium salon-like quality, Pink Gellac is a category leader in at-home nail care.

"Besides their own expertise in the consumer industry, they actively encourage to share best practices across all portfolio brands; being all consumer brands. Through multiple events held throughout the year, Vendis Capital motivates and facilitates this exchange."

Thera Strietman, CEO


Investment rationale

  • Attractive nail polish market: stable growth, high margins, and low cyclicality
  • Fastest growing segment: Premium consumer segment is growing at the expense of  the professional segment; D2C is gaining share of traditional multi-brand retail channels
  • Market leader in the Netherlands with a loyal fan base
  • Strong product innovation arm driving new collections, on-trend color ranges, accessories and new products to market


Growth Strategy

  • Strengthen international footprint with localized webshops and marketing in Flanders, Germany, and Wallonia, tailored to local language and consumer behavior
  • Open new brand stores across the Benelux, building on the Antwerp flagship, with further selective expansion in Germany
  • Grow digital sales by investing in performance marketing, and expanding marketplace presence on Amazon and Bol.com
  • Broaden product portfolio with complementary gel base and topcoat formulas, and expansion into adjacent nailcare categories, such as nail stickers
  • Build a scalable organization with a professional leadership team (CEO, CFOO, CDO, Marketing), new digital teams, and streamlined processes through ERP/CRM systems


Team Involved

Managing Partner

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Hilversum

Investment Manager

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Hilversum

Sector

Personal Consumption & Daily Living

Subsector

Beauty & Hygiene

Strategy

Main Fund III

Investment

2021
Active

Country of origin

Netherlands