Acquisition History / NVM Private Equity; eComplete / Noted Aromas

NVM Private Equity; eComplete Acquires Noted Aromas

Announced December 2, 2025 — $41.9M

NVM Private Equity; eCompleteDirect-to-consumer fragrance brand2025

What happened

Noted Aromas is a Durham-headquartered direct-to-consumer brand selling affordable fragrances made in the UK. NVM Private Equity led a £31M management buyout together with eComplete, the e-commerce specialist behind The Beauty Tech Group (CurrentBody). Former THG executive Megan O'Sullivan was appointed managing director.

Acquirer
NVM Private Equity; eComplete
Target
Noted Aromas
Announced
December 2, 2025
Price
$41.9M
Industry
Direct-to-consumer fragrance brand
Buyer type
Private equity
Backing investors
NVM Private Equity, eComplete
Status
Closed

By the numbers

NVM Private Equity; eComplete's acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 NVM Private Equity; eComplete deals
NVM Private Equity; eComplete's average disclosed price
$41.9M
NVM Private Equity; eComplete's largest disclosed deal
Noted Aromas ($41.9M)
Tracked acquisitions in 2025
503 across all acquirers
NVM Private Equity; eComplete in Direct-to-consumer fragrance brand
1 acquisition

Frequently Asked Questions About This Acquisition

When did NVM Private Equity; eComplete acquire Noted Aromas?

NVM Private Equity; eComplete acquired Noted Aromas on December 2, 2025. This was NVM Private Equity; eComplete's 1st publicly tracked acquisition out of 1 we have on record.

How much did NVM Private Equity; eComplete pay for Noted Aromas?

NVM Private Equity; eComplete paid $41.9M for Noted Aromas.

What does Noted Aromas do?

Noted Aromas is a Durham-headquartered direct-to-consumer brand selling affordable fragrances made in the UK. NVM Private Equity led a £31M management buyout together with eComplete, the e-commerce specialist behind The Beauty Tech Group (CurrentBody). Former THG executive Megan O'Sullivan was appointed managing director.

What other Direct-to-consumer fragrance brand companies has NVM Private Equity; eComplete acquired?

Noted Aromas is NVM Private Equity; eComplete's only publicly tracked acquisition in Direct-to-consumer fragrance brand so far.

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