Cleveland-based private equity firm The Riverside Co. has invested in Queensland-based Alpha-H, a developer and manufacturer of premium skincare products, including the Liquid Gold skincare line.

Alpha-H products are sold domestically and internationally in 25 countries through a multi-channel sales approach across networks, brick and mortar retailers, online partners and through professional skin clinics and day spas.

“Alpha-H has wonderful growth potential,” Riverside Managing Partner Simon Feiglin said in a statement. “It has a scalable manufacturing and distribution infrastructure, and customers will benefit from continued investment in new product development, branding and marketing, and procurement and production planning.”

Working with Riverside Partner Nick Speer and Feiglin on the deal were Vice President Kevin Xu and Associate Ash Sorrenti. Riverside was advised by KPMG (financial), Deloitte (tax) and Herbert Smith Freehills (legal) on the transaction.

KPMG M&A acted as lead adviser to Alpha-H and its shareholders.