[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather
Santa Clarita CA
Intermittent clouds
Intermittent clouds
75°F
 
Calendar
Today in
S.C.V. History
July 19
1924 - Sherman Block, L.A. County's 29th Sheriff (1982-1998), born in Chicago [story]


[Brynwood] – Brynwood Partners VI L.P., the investor group that recently purchased Newhall Laboratories (aka Golden Sun Inc.), announced Tuesday that Golden Sun has acquired the rights to the L.A. Looks, Dep Sport, Zero Frizz and Thicker Fuller Hair portfolio of hair care brands, the Soft & Dri female deodorant brand and the Pure & Natural liquid hand soap and body wash brand from The Dial Corporation, a subsidiary of the Henkel group. Based in Santa Clarita, CA, Golden Sun is wholly-owned by Brynwood VI. Terms and conditions of the transaction, which closed on April 1st, were not disclosed.

In a simultaneous transaction, Brynwood VI portfolio company, High Ridge Brands Co., acquired the Coast personal cleansing brand from Henkel.

“We are delighted to announce the acquisition of this great portfolio of brands,” said Dario Margve, Chairman of Golden Sun. “We believe that, in particular, the L.A. Looks and Dep Sport businesses will greatly complement our la bella hair care brand. The remaining acquired brands have loyal consumer followings and will greatly benefit from the renewed attention that our company will provide to the sales and marketing efforts.”

Brynwood Partners has developed a unique niche of being the lower middle market firm of choice for corporate divestitures. In its 28-year history, Brynwood Partners has acquired 30 corporate brands from 13 different corporate sellers, including the Henkel acquisitions. Since January 2011, the firm has successfully completed the acquisitions of 14 corporate brands in five separate transactions.

“On behalf of Brynwood Partners and Golden Sun, I would like to thank the Henkel team for its partnership in closing the acquisition of these iconic personal care brands,” said Henk Hartong III, Senior Managing Partner of Brynwood Partners.

 

About Brynwood Partners

Founded in 1984, Brynwood Partners is an operationally-focused private equity fund that makes control investments in lower middle market companies. Brynwood Partners targets companies operating in the following sectors: (a) consumer products, (b) light manufacturing with low capital intensity and (c) business services.

Brynwood Partners is currently managing over $500 million of private equity capital for its limited partners who include U.S. and international pension funds, fund-of-funds, endowments, high net worth family investment offices and financial institutions. For more information on Brynwood Partners, please visit www.brynwoodpartners.com.

 

About Golden Sun Inc.

Golden Sun (dba Newhall Laboratories) was acquired by Brynwood VI in December 2011. The company markets the la bella, GroWorks and Monkey Brains hair care brands. Golden Sun is headquartered in Santa Clarita, CA.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

No Comments

    Leave a Comment


    Latest Additions to SCVNews.com
    1924 - Sherman Block, L.A. County's 29th Sheriff (1982-1998), born in Chicago [story]
    Santa Clarita Valley Sheriff's Station deputies have arrested a Santa Clarita woman who allegedly spray-painted walls on a city park building in Saugus early Tuesday morning, also discovering she was allegedly in possession of forged checks.
    Woman Charged with Defacing Park Building, Check Forgery
    The Paramount Network has set Aug. 11 as the premiere date of 'I Am Paul Walker,' a new film documentary tracing the life of the late actor, who was killed in a 2013 car crash in Valencia.
    Aug. 11: Paul Walker Film Doc to Debut on Paramount Network
    Marston's Restaurant in Valencia is helping raise funds for Carousel Ranch, Santa Clarita Valley nonprofit organization that provides equestrian therapy for disabled and special needs children and adults.
    July 15-Aug. 15: Marston’s Restaurant Fundraising for Carousel Ranch
    Members of Santa Clarita Valley home haunters Beware the Dark Realm will appear on a panel at the third annual "Midsummer Scream" Halloween Festival and scarefest at the Long Beach Convention Center on Saturday and Sunday, July 28-29.
    July 28: SCV’s Beware the Dark Realm to Join Panel at Midsummer Scream
    The Sierra Hillbillies Square & Round Dance Club will throw a good old-fashioned picnic and dance to the calls of Jay Henderson at the SCV Senior Center on Sunday, August 5 from 2 p.m. to 5 p.m.
    Sierra Hillbillies Set 2 Dances for August, September
    A Spring Valley, California woman was arrested and charged for evading and resisting arrest on southbound Interstate 5 in Valencia late Tuesday night after a pursuit by the California Highway Patrol, according to the CHP.
    CHP Pursuit Ends With Arrest of Woman on I-5 in Valencia
    If you are a member of the U.S. House of Representatives with a private prison in your district, you are also more likely than your peers to co-sponsor punitive immigration legislation, according to a groundbreaking study by California State University, Northridge political science professor Jason Morin.
    CSUN Study: Private Prison Operators Influencing Immigration Policy
    Wealth | Wisdom | Wellness, a new quarterly magazine featuring collective wisdom on family wealth and health for families in the Santa Clarita Valley, has just published its second 2018 edition with exclusive showcase interviews of top local business owners.
    New SCV Print-Online Magazine Profiles Top Local Business Owners
    Santa Clarita Valley Sheriff's Station deputies handed out 25 traffic citations during a motorcycle safety enforcement operation in Santa Clarita on Saturday.
    SCV Deputies Hand Out 25 Traffic Tickets in Safety Push
    A Santa Clarita bank robbery suspect dubbed by the FBI as the "Faux Badge Bandit" is now also suspected of robbing banks in Northern California, according to authorities.
    ‘Faux Badge Bandit’ Also a Suspect in NoCal Bank Heists
    A Ninth Circuit panel on Tuesday affirmed a federal judge’s order preliminarily barring California from enforcing a voter-approved ban on high-capacity gun magazines.
    Ninth Circuit Upholds Block of California Gun Magazine Ban
    The California Department of Motor Vehicles now offers customers a convenient way to complete a driver license or identification card application online before visiting a field office.
    DMV Debuts Online Application for Driver License, State ID Card
    2009 - Two killed in crash of experimental plane in Sand Canyon [NTSB report]
    The Santa Clarita Valley Chamber of Commerce is holding a Business After Hours Mixer at Valencia Acura, Wednesday, July 18, at 5:30 p.m.
    July 18: SCV Chamber’s Business After Hours Mixer
    Supervisor Kathryn Barger cast the lone vote opposing a motion to place a measure on the November ballot which seeks to increase property taxes on residential and commercial properties to generate approximately $300 million a year to fund additional stormwater projects.
    Barger Casts Lone Vote Against Proposed Stormwater Tax
    The Board of Supervisors on Tuesday voted to move forward with a comprehensive plan to increase local water supply and improve water quality.
    Supes Move Forward with Efforts to Improve Local Water Supply, Quality
    The county of Los Angeles and community partners are working hand-in-hand to combat homelessness, which has decreased for the first time in four years.
    County Combines New, Existing Programs to Combat Homelessness
    Officials at the Los Angeles County Department of Medical Examiner-Coroner have identified the body of a man who was found in a Canyon Country field Monday night.
    Man Found Dead in Canyon Country
    Single Mother's Outreach is currently accepting honoree nominations and artist applications through July 30.
    Single Mother’s Outreach Accepting Nominees, Artist Applications
    The Stay Green Inc. team has been rewarded for its excellence with eight awards — including four prestigious first-place honors — in the 59th Annual Landscape Beautification Awards presented by the San Fernando Valley Chapter of the California Landscape Contractors Association (CLCA).
    Stay Green Earns Four First-Place Landscape Honors
    Here is the list of Santa Clarita arts-related events for July 18-20:
    July 18-20: Santa Clarita Arts Calendar
    The city of Santa Clarita saw an increase in on-location filming in Fiscal Year 2017-2018 (July 2017 to June 2018), with the Film Office recording 560 film permits and 1377 film days, which generated an estimated $33.1 million in economic impact to the local community.
    Santa Clarita Sees Increase in On-Location Filming for 5th Straight Year
    Six Santa Clarita Artists Association members were accepted in the impressive La Galeria Gitana exhibit, "Around the World in 80 Paintings."
    Aug. 11: Artists Association Presents, ‘Around the World in 80 Paintings’
    LOS ANGELES – A former staffer for a member of the United States Congress was sentenced today to 18 months in prison for bribery and attempted extortion after demanding and accepting $5,000 to prevent the closure of a marijuana shop in the city of Compton.
    Santa Clarita Man Gets 18 Months in Prison for Bribery, Attempted Extortion
    1834 - Sinforosa, daughter of Narciso and Crisanta, born at Mission San Fernando; mom from Tejon, dad from Piru; believed to be last speaker of Tataviam language (died 1915) [record]
    Berry Petroleum Corp., owner of the Placerita oil field west of Sierra Highway between Placerita Canyon Road and Golden Valley Road in Santa Clarita - and many other oil properties in the San Joaquin Valley - announced Monday that it has launched an initial public offering of its common stock.
    Placerita Oil Field Owner Going Public Again
    The U.S. Food and Drug Administration is alerting health care professionals and patients of a voluntary recall of several drug products containing the active ingredient Valsartan, used to treat high blood pressure and heart failure.
    Blood Pressure Medicine Valsartan Recalled for Cancer-Causing Impurity
    The next regular meeting of the Governing Board of the William S. Hart Union High School District is Wednesday, July 18 at the Administrative Center, 21380 Centre Pointe Parkway, Santa Clarita 91350.
    July 18: Hart District Governing Board Regular Meeting
    The Canyon Country Advisory Committee, a division of the Santa Clarita City Council, will hold its next meeting on Wednesday, July 18, from 7 p.m. to 9 p.m.
    July 18: Canyon Country Advisory Committee Meeting
    Since April, TMU grad Zach Klindworth has worked and trained with a soccer team in Iceland, 4,000 miles from Santa Clarita, the only city he'd ever known.
    TMU Soccer Alum Zach Klindworth Takes Talents to Iceland
    The Lancaster JetHawks scored a run in the seventh inning to take the lead and hung on to beat Lake Elsinore, 3-2, Sunday evening at The Hangar.
    JetHawks Hang on for Sunday Win Over Storm
    Lake Elsinore proved too much for the JetHawks Saturday night, handing Lancaster an 11-4 loss at The Hangar.
    Lancaster JetHawks Overcome by Storm Saturday
    The Lancaster JetHawks opened up a four-game series with a 6-2 win over the Lake Elsinore Storm in front of 4,348 at The Hangar Friday night to kick off Star Wars Weekend.
    The Force With JetHawks in Friday Win Over Storm
    Saxtravaganza, Santa Clarita's all-saxophone chamber ensemble, will play a free concert at Hart Hall (inside Hart Park) on Thursday, July 19, starting at 7 p.m.
    July 19: Saxtravaganza Chamber Ensemble Returns to Hart Hall
    Members of the Boys & Girls Club of Santa Clarita Valley will participate in the semi-annual Pinewood Derby at the Newhall Clubhouse on Wednesday, July 18 starting at 4:30 p.m.
    July 18: SCV Boys & Girls Club Pinewood Derby