Brynwood Partners taps Newhall Laboratories
Acqusition is third personal care purchase for fund
Private equity fund Brynwood Partners VI has announced the acquisition of Newhall Laboratories, through its wholly-owned subsidiary, Golden Sun Holdings. The terms of the transaction were not disclosed.
Newhall, a marketer of personal care brands, has a portfolio which includes la bella, Monkey Brains and GroWorks. The company will operate as an independent plaform, according to Brynwood and is the third personal care purchase by the fund.
“We believe that this will be a great new platform investment for our firm and look forward to bringing renewed attention to the existing brands but also bringing complementary brands to the company in the future,” commented Dario Margve, managing partner, Brynwood VI.