American Exchange Group Acquires Urban Skin RX

American Exchange Group has announced that it has acquired Urban Skin Rx. Financial terms of the transaction were not disclosed.

Urban Skin Rx joins American Exchange Group’s growing portfolio of skincare brands, following the company’s acquisitions of NatureWell, TXTUR and Found Active in 2023, and clean beauty brand Indie Lee in July 2024. The expansion is in line with the company’s strategy to offer brands and products that resonate with a diverse global consumer base.

Alen Mamrout, CEO of American Exchange Group, revealed: “Urban Skin Rx has built an impressive business with its clinical approach to skincare, and we are excited to add the brand to our rapidly expanding skincare and wellness portfolio.

This acquisition fits perfectly with our growth strategy, and we see great potential to expand Urban Skin Rx’s reach and impact. With our resources and expertise, we plan to grow the brand’s direct-to-consumer business, broaden its product offering, and explore new brand extensions through strategic licensing and partnerships.”