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BYOMA Gains Major Investment from $3 Billion Bansk Group

Bansk Group, the New York-based private investment firm with over $3 billion in assets under management, has announced its definitive agreement to acquire a majority stake in BYOMA, the fast-growing, science-backed skincare brand that’s been making waves since its 2022 launch.

Published: Sep 15, 2025 1:28 PM

By Jeanel Alvarado

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BYOMA Gains Major Investment from $3 Billion Bansk Group

Bansk Group, the New York-based private investment firm with over $3 billion in assets under management, has announced its definitive agreement to acquire a majority stake in BYOMA, the fast-growing, science-backed skincare brand that’s been making waves since its 2022 launch. The move positions BYOMA for accelerated growth, fueled by continued innovation and an expanded approach to consumer education and engagement.

Breaking the Mold in Skincare “BYOMA is redefining what skincare can be – backed by science, led by purpose, and deeply connected to its community,” said Chris Kelly, Senior Partner at Bansk Group.

“In what can often be a sterile and confusing category for consumers, BYOMA stands apart by simplifying the skincare journey and delivering efficacious, prestige formulations at an accessible price point.

Today’s consumers are more intentional than ever, seeking products that are not only effective but also transparent, inclusive, and rooted in real education.

We’re excited to partner with Marc and the team to accelerate BYOMA’s mission and bring its barrier-boosting formulas to even more consumers.” BYOMA, founded by beauty entrepreneur Marc Elrick in 2022, has rapidly risen to prominence on the promise of clinically proven solutions and prestige formulas designed to strengthen and protect the skin barrier for healthier, better-looking skin…

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BYOMA Gains Major Investment from $3 Billion Bansk Group

Bansk Group, the New York-based private investment firm with over $3 billion in assets under management, has announced its definitive agreement to acquire a majority stake in BYOMA, the fast-growing, science-backed skincare brand that’s been making waves since its 2022 launch.

Unlock the rest of this story

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