To support its development, TiL has chosen to open up its capital to regional financial investors on a minority basis.
As local roots are at the heart of the brand they founded, Odile Polette, president of TiL, and her sister Sylvie Polette, general manager, wanted to be surrounded by local economic players in their round table discussion.
TiL Charente-Périgord Expansion, a private equity subsidiary of Crédit Agricole, has joined the company's capital in order to support them in the next stages of the brand's development, in France and abroad, as well as business angels from the Périgord region, partly from the beauty sector.
"As a local player, concerned with the regeneration of the local economic fabric by young, innovative and daring companies, we are very proud to be able to join the adventure, alongside the TIL team and business angels particularly experienced in the world of luxury, cosmetics and perfumery. The project's strong regional roots, combined with the great professionalism of the men and women behind it, were decisive for CPE.says the Charente-Périgord Expansion.
Launched in September 2021 by Odile and Sylvie Polette and their partner Bertrand Tupin, TiL is "a premium beauty and self-care brand for skin, body and mind." It is made from the lime tree harvested in the family estate of the Polette sisters, in the heart of the Périgord-Limousin Regional Nature Park, in the Dordogne.
After four years of research and development conducted with scientific experts in the beauty industry, TiL cosmetics meet the high expectations of well-being, authenticity and traceability following health crises.
Beyond the opening of its capital, TiL has received, since its creation in mid-2020, the full support of various regional public authorities with subsidies from the New Aquitaine Region, the regional BPI, and loans from Périgord Développement and Initiative Périgord. Thanks to this territorial commitment, TiL now has the means to match the brand's development ambitions.
