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Brynwood Partners Sells High Ridge Brands To Clayton, Dubilier & Rice

May 17, 2016: 12:00 AM EST
Brynwood Partners VI L.P. said it has agreed to sell High Ridge Brands Co. to investment funds managed by Clayton, Dubilier & Rice. Formed by Brynwood Partners in December 2010, High Ridge Brands was used to purchase the Zest personal care brand from Procter & Gamble. Also, the company was envisioned to be used as a platform for acquiring other companies in the personal care market. Expected to close in the second quarter of 2016, the acquisition deal is subject to regulatory approval and is valued at $415 million.
"Brynwood Partners VI L.P. to Divest High Ridge Brands Co.", PR Newswire, May 17, 2016, © PR Newswire Association LLC
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