Nextera Enterprises

Nextera Enterprises has moved from consulting to cosmetics. The company, which had been looking for business opportunities after selling its consulting operations in 2003, acquired cosmetics marketer Woodridge Labs for $27 million in 2006. Woodridge develops and sells niche personal care products under a variety of brands, including Vita-K Solution, DermaFreeze365, Pssssst!, and TurboShave, to name a few. The company's products are sold by retailers such as Walgreens and CVS. An investment group led by one-time junk bond king Michael Milken, his brother Lowell Milken, and Oracle CEO Larry Ellison controls the company.