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New Deal


Announced

Colgate to acquire Hello Oral Care from Tenth Avenue Holdings.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

oral care

Private

oral healthcare

Personal Products

Majority

Acquisition

Pending

Single Bidder

Disposal

Private Equity

Synopsis

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Colgate-Palmolive, a global consumer products company is set to acquire Hello Oral Care, a premium oral care brand, from Tenth Avenue Holdings, a diversified holding company. Financial terms were not disclosed. “We are excited to welcome Hello to the Colgate family and are especially pleased that Craig and Lauri will continue in their leadership roles. We have great respect for the Hello team and their impressive product line, and value the strong connection they have made with younger consumers. With its distinct on-trend positioning, Hello is a terrific complement to our Colgate and Tom’s of Maine brands and we look forward to supporting its continued growth and success,” Noel Wallace, Colgate President, and CEO.

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