Unilever to acquire Dr. Squatch from Summit Partners.

Unilever, a consumer packaged goods company, agreed to acquire Dr. Squatch, a personal care brand, from Summit Partners, an investment firm. Financial terms were not disclosed. “I am thrilled to welcome Dr. Squatch into the Unilever family. Dr. Squatch has built a solid foundation and loyal following with highly desirable products and clever digital engagement strategies. Building on its success in the US, we are excited to scale the brand internationally and complement our offering in the fast-growing men’s personal care segment,” Fabian Garcia, Unilever President of Personal Care.