Announced
Completed
Financials
Tags
Private Equity
Domestic
Acquisition
Friendly
United States
Personal Products
skin care
footcare
Private
Majority
Single Bidder
Completed
Synopsis
Yellow Wood Partners, a Boston-based private equity firm, completed the acquisition of Scholl, a footcare brand, from Reckitt Benckiser, a British multinational consumer goods company. Financial terms were not disclosed. "Our experience of successfully executing corporate carve outs has helped us gain a deep understanding of the many complexities that accompany the separation of an operating subsidiary from a large global parent company. Our previous experience with other global multinational CPG companies enabled us to work directly with Reckitt Benckiser to create this opportunity. We look forward to using the full Yellow Wood operating capabilities to complete the Scholl transaction in a smooth manner," Tad Yanagi, Yellow Wood Partner.
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