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Pat McGrath Labs Secures $30 Million Investment for Chapter 11 Bankruptcy

Pat McGrath Labs Secures $30 Million Investment for Chapter 11 Bankruptcy

NewBeauty Facebook Pinterest Instagram Youtube find a doctor Face Adult Acne Antioxidants Anti-Aging Celebrity Chronic Skin Conditions Eye Hydration Hyperpigmentation Makeup View All Eyebrows Eye Color Foundation Fragrance Lip Color Makeovers Male Skin Care Peels Pre-Event Prep Sensitive Skin Skin Care Skin Health Smile Sun Care Treatments Fillers Microneedling Post-Procedure Skin Care Neurotoxins Regenerative Aesthetics Skin Lifting Body Body Sculpting Breasts Butts Cellulite Hair Removal Hands + Nails Legs Pregnancy Find a Doctor Hair Bond Repair Celebrity Dry Hair Frizzy Hair Gray Hair Hair Color Hair Growth Hair Repair Scalp Health Styling + Tips Awards NB100 Awards 15th Annual Beauty Awards 2025 NewBeauty Readers’ Choice Awards Shopping Gift Guides Product Reviews NewBeauty Storefront Wellness Fitness GLP-1s Health Menopause About Us TESTTUBE Search for: Search HomeMakeup Pat McGrath Labs Secures $30 Million Investment for Chapter 11 Bankruptcy Here’s what that means for the beloved beauty brand. Jessica Fields Updated: Feb 19, 2026 We may earn commission from links on this page. Each product featured has been vetted and chosen by our editors. Updated February 19, 2026: When the news of Pat McGrath Labs’ bankruptcy broke, it sent shockwaves through the beauty community, but now things are looking up for the makeup artist-founded brand. According to reports, the company has recently received a $30 million investment from GDA Luma to aid in its Chapter 11 bankruptcy filing. As a private equity firm specializing in distressed-for-control debt and special situations, GDA Luma has agreed to inject $10 million into Pat McGrath Labs. This will manage the day-to-day operations, ensuring the brand stays afloat during its restructuring period. The additional $20 million from the creditor will be used as working capital once the bankruptcy closes. Per their agreement, GDA Luma will hold a controlling equity stake in the company post-bankruptcy, while Pat McGrath will…

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