Janki Lalani Gandhi Joins Goldman Sachs in Middle Market Role

Goldman Sachs has a new set of eyes on fashion and beauty.  The investment banking giant tapped Janki Lalani Gandhi to be a managing director in its Cross Markets Group, which focuses on companies with enterprise values under $2 billion.   That’s not exactly new territory for Goldman since the bank has worked on smaller deals in the past. But the group, which was established last year, marks a more dedicated presence in the middle market — an area of growing interest, particularly in the beauty sector. Gandhi comes to Goldman from Lincoln International, where she was a managing director in Los Angeles and helped build the firm’s presence in fashion, accessories and beauty.  At Goldman, she is covering similar territory, focusing primarily on the beauty and personal-care sectors but also looking into the worlds of apparel and accessories on a more selective basis.   Goldman has already has a strong track record in beauty, having helped Laboratoires Filorga Cosmétiques’ in its sale to Colgate, Honest Co. as it sold a stake to L Catterton, Too Faced as it came under the The Estée Lauder Cos. Inc’s umbrella and more.  Beauty dealmaking has been something of a runaway train over the past few years, but Gandhi said it

Follow WWD on Twitter or become a fan on Facebook.

Read More...

from WWDWWD https://ift.tt/36v7Vwv