The flurry of beauty and wellness deals so early in 2024 continues.
Just days after Puig snapped up Dr. Barbara Sturm, investment firm Compass Diversified revealed it has acquired a majority stake in plant-derived feminine care brand The Honey Pot Company for an enterprise value of $380 million.
Founded in 2012, Atlanta-based The Honey Pot Co. offers products across the female hygiene, menstrual, consumer health and sexual wellness categories that might be present in greater than 33,000 stores across the U.S. including Goal, Walmart, CVS and Walgreens. Annual sales are understood to be around $120 million.
As a part of the deal, The Honey Pot Co. will proceed to be headed by its current leadership team, and existing owners and management will retain...
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