The U.S. specialist in luxury perfume “dupes” is changing ownership. American Pacific Group (APG), a San Francisco-based private equity firm, is acquiring a majority stake from the investment fund Otium.
Headquartered in New York, NY, the brand has built a loyal global customer base by offering high-quality, cruelty-free, French-made fragrances with premium scent experiences at affordable prices.
To date, Dossier has built a portfolio of 150+ fragrances available across digital and brick & mortar retail channels.
Sergio Tache will continue to lead Dossier as Founder and CEO.
However, Otium will reinvest part of the sale proceeds alongside APG and retain a seat on the board of directors, aiming to support the company’s next phase of growth. The fund said it remains “convinced by Dossier’s future growth potential in a particularly dynamic fragrance market.”
“From day one, our mission has been to democratize fragrance by delivering premium-quality scents at accessible prices. We’re incredibly proud of the products and community we’ve built and the values that guide our brand. Partnering with APG marks an exciting milestone for us. Their operational expertise and deep experience scaling consumer brands will be instrumental as we expand our product portfolio, strengthen our supply chain, and amplify the Dossier brand and distribution footprint to reach even more customers around the world,” said Sergio Tache, Co-founder and CEO of Dossier.
