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Ulta Beauty acquires British beauty retailer Space NK

Jul 10, 2025•11 days ago

Acquiring Company

Ulta Beauty

Acquired Company

Space NK

BolingbrookLondonRetailCosmeticsBeautyLifestyleFashionE Commerce

Description

Ulta Beauty, Inc. has announced the acquisition of Space NK Limited, a prominent British beauty retailer, from Manzanita Capital. This acquisition aims to expand Ulta Beauty's presence in the UK market and will allow Space NK to operate as a standalone subsidiary. Financial terms of the transaction have not been disclosed, and the existing management team at Space NK will continue to lead the company.

Company Information

Company

Ulta Beauty

Location

Bolingbrook, Illinois, United States

About

Ulta Beauty is the largest beauty retailer in the United States and the premier destination for cosmetics, fragrance, skin care, hair care, and salon services. Since reinventing the beauty shopping experience in 1990 by bringing all things beauty together under one roof, Ulta Beauty has grown into a leading national retailer. Today, it continues to offer customers a complete beauty experience, combining a wide product selection with expert services in one convenient location—where the possibilities are truly beautiful.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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