Scotch Porter Closes Series B Funding Led by Pendulum
Barack Ferrazzano Corporate & Securities Group served as legal counsel to Pendulum in a deal that secured Series B financing for Scotch Porter. Pendulum, the investment and advisory platform focused on businesses and brands owned by entrepreneurs of color, acted as lead investor.
Launched in 2015, Scotch Porter offers beard and hair, skin, fragrance and wellness products including supplements that launched in 2021. Scotch Porter Founder and CEO Calvin Quallis said the funding will go toward scaling operations and expanding the product offering.
“We are excited to partner with Calvin and the Scotch Porter team to support the company through its next phase of growth,” said Pendulum managing director Ron Mackey. “With its differentiated product offering and broad distribution, Scotch Porter is well-positioned for continued expansion in the men’s personal care market.”
Barack Ferrazzano's legal team was led by partner Andrew R. Grossmann and associate Kait E. Kelly, with assistance from associate Will Cronin. Intellectual property matters were handled by partner Scott J. Slavick and associate Nicole Chimienti.
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