Announced
Completed
Synopsis
Manzanita Capital, a private equity firm based in London, completed the acquisition of a majority stake in D.S. & Durga, a premium perfumery brand. Financial terms were not disclosed. "Manzanita Capital respects David and I as creatives and wants us to do what we do best, which is drive the brand creatively. International expansion is something we want to start to conquer a bit more. Manzanita Capital is located in England, so it has more boots on the ground and more connections. Because of its experiences with other brands, the firm has a lot of distribution partnerships that could help us," Kavi Ahuja Moltz, D.S. & Durga Co-Founder and CEO.
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