By  on December 14, 2017

If the pace of deal flow is any indication, the beauty industry is seemingly disinterested in beauty sleep.

Huda Kattan’s business, Huda Beauty, has received a minority investment from private equity firm TSG Consumer Partners. Based in Dubai, Kattan has built a global makeup operation with products sold at Sephora, Cult Beauty and Harrods. She’s the first beauty influencer to attract a business investment from a traditional beauty investor. Terms of the deal weren’t disclosed, but industry sources estimate Huda Beauty will do $200 million in retail sales for 2017.

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