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Announced

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ACON and DeA Capital completed the acquisition of a majority stake in Romar Global Care from GPF Partners.

Synopsis

ACON, a private equity investment firm, and DeA Capital, an independent alternative asset management platform, completed the acquisition of a majority stake in Romar Global Care, a personal care, home care, and cosmetics specialist, from GPF Partners, an investment company. Financial terms were not disclosed. "ACON is pleased to be completing our seventh acquisition in Spain since 2017. Along with DeA, we look forward to supporting RGC's management team as they pursue their objectives and capture growth opportunities in various regions around the world. We are excited to build on their accomplishments of the last five years, during which time they grew top line well ahead of the overall market," Marcos Lladó, ACON Managing Partner.

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