Frank Body locks in PE backer, targets China sales Save Share Private equity has come calling for Australian beauty products label Frank Body. Street Talk can reveal Frank Body, which was founded by five friends in Melbourne and is best known for its coffee-based skin scrubs, has sold a stake to Chinese private equity firm EverYi Capital, in a deal valuing it at about $100 million. Frank Body co-founders Bree Johnson, Steve Rowley, Jess Hatzis and Alex Boffa will retain a controlling stake. Frank Body is expected to use the equity injection and its new investorâs contacts to grow the...