Tangle Teezer

Source: Wikipedia, the free encyclopedia.

Tangle Teezer is a British company that manufactures

the Queen's Award for Innovation in 2012,[1] and International Trade in 2014,[2] as well as reaching the Sunday Times Fast Track 100 in 2013 and 2016.[3][4]

History

Tangle Teezer was founded by its inventor Shaun Pulfrey, who started his career as a hair colorist in 1978. He has worked at Pierre Alexandre, Toni&Guy, Nicky Clarke, and Richard Ward salons throughout his career.[citation needed]

In 2003, Pulfrey began to research and develop his idea for a detangling hairbrush to create the world’s first professional detangling tool.[5][6]

In 2005[citation needed] Pulfrey remortgaged his flat in Brixton, London for six months' worth of capital (£25,000) to finance the product launch.[6][7]

In May 2005 Pulfrey published I Wanna Be Blonde, a book sharing his insider hair coloring tips.[8]

Pulfrey appeared on

James Caan and Deborah Meaden. Pulfrey offered 15% of Tangle Teezer for £80,000 but was rejected. Jones labeled the brushes ‘hair-brained’, Caan said they were a ‘waste of time,’ and Bannatyne said he wanted to ‘pull [his] hair out.’ However, when the episode was aired, the Tangle Teezer website crashed due to public demand,[6][9]
with 1,500 orders placed.

In 2008,

Boots began stocking the brushes, and by 2009 sales had reached £500,000.[10]

In 2011, sales hit £2.2 million, further growing to £28.6 million in March 2016, having expanded into 70 international markets.[10]

In July 2021, Pulfrey sold a majority stake in Tangle Teezer to Mayfair Equity Partners for approximately £70 million.[11]

References

  1. ^ "Full list of 2012 Queen's Award winners | Financial Times". Financial Times. 22 April 2012. Retrieved 18 April 2023.
  2. ^ "List of 2014 Queen's Awards for Enterprise winners | Financial Times". Financial Times. 21 April 2014. Retrieved 18 April 2023.
  3. ^ "Tangle Teezer: A Brush with Success". Data Plastics Injection Moulding. 30 September 2013. Retrieved 18 April 2023.
  4. ^ Team, The Startups (11 April 2016). "Sunday Times reveals names of British businesses with fastest-growing profits". Startups.co.uk. Retrieved 18 April 2023.
  5. ISSN 0261-3077
    . Retrieved 18 April 2023.
  6. ^ a b c Munbodh, Emma; Speirs, Kathleen (24 June 2021). "Tangle Teezer owner made £30m after Dragon's Den knocked back idea". Daily Record. Retrieved 18 April 2023.
  7. ^ "Hairdresser's brush with success". Financial Times. 29 November 2013. Retrieved 18 April 2023.
  8. .
  9. . Retrieved 13 April 2016.
  10. ^ . Retrieved 18 April 2023.
  11. ^ "Mayfair Equity Partners backs management buy-out of Tangle Teezer". Private Equity Wire. 2 August 2021.

External links