Tru Fragrance has acquired Lake & Skye, the mission-driven fragrance and wellness brand.WHO: Founded in 2015 by Courtney Somer, Lake & Skye is a modern and conscious beauty brand that believes fragrance is a force for wellness. All  Lake & Skye’s products are paraben-, sulfate-, and phthalate-free, utilizing natural ingredients whenever possible. The brand is distributed at Ulta Beauty, Nordstrom, Bluemercury, and Anthropologie.com.Founded in 1969, Tru Fragrance & Beauty is a portfolio company of Monogram Capital Partners, which acquired a majority stake in the company in 2024. In addition to the company’s branded portfolio—namely Le Monde Gourmand, Lake & Skye, Yellowstone, and Wrangler—Tru also develops fragrance brands exclusively for retail partners. Tru maintains a premier position as a multidisciplinary innovation engine and supplier.WHY: Tru Fragrance has been a longtime partner of Lake & Skye as a minority investor. The capital infusion and closer alliance with Tru Fragrance will enable Lake & Skye to grow its consumer base more aggressively and support national retailer partners, including Ulta, Nordstrom, and Bluemercury.IN THEIR OWN WORDS: "This acquisition marks an inflection point for our brand. Tru Fragrance has played a pivotal role in Lake & Skye's growth since 2018, and I’m excited to deepen our collaboration and continue our upward trajectory,” says Courtney Somer, CEO & founder of Lake & Skye. “By working closely together, we’re poised to elevate the brand to new heights, deepening our relationship with the fragrance and wellness community that has so warmly embraced us.