Waldencast Acquisition Corp. CEO Michael Brousset

This week, we speak with with Michel Brousset, CEO of Waldencast
Acquisition Corp.


Waldencast announced a $1.2 billion three-way combination with
skincare and cosmetics brands Obagi and Milk Makeup in November.


Michel has taken a different approach to SPACs, using Waldencast
as a vehicle to create a platform company.


Waldencast’s management will continue to operate the combined
company over a longer term while tucking in additional
acquisitions to its portfolio.


We discuss the potential advantages to that strategy within the
cosmetics space as well as how its first two targets, which are
very different from one another, fit together in this model.