Permanent Group acquires regulatory and formulation management software company Ithos Global

Permanent Group acquired Ithos Global of Troy, NY. According to Ithos Global, the new relationship creates an opportunity for Ithos to leverage the permanent group team’s operational expertise and financial resources to scale the business faster.

“We pursued the acquisition of Ithos Global because of the tremendous expansion opportunities in its market,” said John Bennett, CEO of Permanent Group. “We look forward to starting work to accelerate its near- and long-term growth potential.”

“We continue to attract new and bigger cosmetics brands because we deliver effective technology solutions with unparalleled service and expertise,” said Ken Bubeck, Founder and CEO of Ithos Global. “Permanent Group has truly recognized our value and the prospect of increasing our market share in the cosmetics industry. We are grateful to join his family of companies. The Ithos Global team will continue to serve its customers by working with the permanent group to improve customer service, expand its technology offerings and grow to serve more customers.

Ithos Global, founded in 2009, offers technical tools and regulatory expertise that meet the needs of cosmetics brands and personal care manufacturers.