Sodalis to acquire HRB Brands from Tengram Capital Partners.

Sodalis, a European-based beauty and personal care platform, agreed to acquire HRB Brands, a hair care and skin cleansing firm, from Tengram Capital Partners, a private equity firm. Financial terms were not disclosed. “I would like to thank Bill and the Tengram/Windsong team who have been a tremendous partner to HRB and instrumental in developing and executing our organic and acquisition growth strategies. Becoming part of the Sodalis Group provides a very exciting new chapter for us. Our combined teams are already working well together to leverage each other’s talents and brand portfolios to rapidly grow our combined European, North and Latin America businesses,” Jim Daniels, HRB Brands CEO.