header image

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

Inside
Weather
Santa Clarita CA
Sunny
Sunny
90°F
 
Calendar
Today in
S.C.V. History
September 25
1970 - Lagasse family helps save Mentryville buildings as Newhall and Malibu brush fires erupt & join into worst fire in SoCal history. Twelve fires over 10 days burn 525,000 acres, kill 13 people and destroy approx. 1,500 structures. [story]
Clampitt fire


[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
    1970 - Lagasse family helps save Mentryville buildings as Newhall and Malibu brush fires erupt & join into worst fire in SoCal history. Twelve fires over 10 days burn 525,000 acres, kill 13 people and destroy approx. 1,500 structures. [story]
    Clampitt fire
    1855 - Sanford & Cyrus Lyon establish Lyon's Station (for stagecoaches) near today's Sierra Hwy & Newhall Ave [story]
    Sanford Lyon
    Director Laurie Morgan is no stranger to the SCV artistic scene, having been active as a singer, actress, and director since the 1970s.
    Romantic Comedy ‘Beau Jest’ Opens at Canyon Theatre Guild
    The Academy of Motion Picture Arts and Sciences has voted 14 students as winners of the 49th Student Academy Awards competition.
    Winners of 2022 Student Academy Awards Announced
    The Santa Clarita City Council will hold its regular meeting Tuesday, Sept. 27, beginning with a special meeting/closed session at 5:30 p.m., followed immediately by open session at 6 p.m.
    Sept. 27: City Council Regular Meeting
    College of the Canyons student-athletes Motoko Shimoji (women's golf) and Joshua Littleberry (football) have been named the COC Athletic Department's Women's & Men's Student-Athletes of the Week for the period running Sept. 12-17.
    COC Names Shimoji, Littleberry Athletes of the Week
    California State University, Northridge head men's and women's track and field and cross country coach Justin Johnson has announced the addition of Devin Elizondo to the Matadors' coaching staff.
    Matadors Add Devin Elizondo, Joseph Blue to Track, Cross Country Programs
    Valencia-based Lief Labs, a premier formulation and product development innovator and manufacturer of dietary supplements, is pleased to announce that Lief’s CEO & Founder, Adel Villalobos, was honored by the College of the Canyons Business Alliance among specially selected local Hispanic business owners, leaders, and entrepreneurs who have inspired others to pursue their dreams in the Santa Clarita Valley.
    COC Business Alliance Honors Lief Labs CEO During Hispanic Heritage Month
    Boys & Girls Club of Santa Clarita Valley announces the 30-year celebration of the James T. Ventress Clubhouse in Newhall Park on Wednesday, Oct. 12, at 8 a.m.
    Oct. 12: Boys & Girls Club SCV Celebrating 30 Years
    On Thursday, Sept. 29, Los Angeles County will officially launch the Veteran Suicide Review Team, a collaborative between the city of Los Angeles, County, federal and private agencies to reduce veteran suicide in L.A. County.
    L.A. County Launches Veteran Suicide Review Team
    SACRAMENTO — State Superintendent of Public Instruction Tony Thurmond will host a virtual Back-to-School Parent Town Hall on Wednesday, Sept. 28, at 6 p.m.
    Parents Invited to Virtual Town Hall with State Schools Chief
    A Centers for Disease Control report published on Monday, Sept. 19 used U.S. data from 2017-2019 to highlight striking inequality in maternal deaths.
    L.A. County, CDC Report Similar, Critical Inequalities in Maternal Deaths
    The Los Angeles County Department of Public Health confirmed Friday no new deaths and 34 new cases in the Santa Clarita Valley, with a total of 13 deaths and 1,641 new cases countywide.
    Friday COVID Roundup: 34 New SCV Cases; No Additional Deaths
    SACRAMENTO – The California Department of Public Health this week warned school leaders about a new and concerning “rainbow fentanyl” drug that may interest youth.
    School Leaders Warned of New, ‘Rainbow Fentanyl’ Trend
    Secretary of Defense Lloyd J. Austin III has appointed General (Ret.) Lester Lyles to serve as the Chair of the Defense Advisory Committee on Diversity and Inclusion (DACODAI). Lyles is a seasoned organizational leader and US Air Force veteran, with over two decades of executive-level leadership to corporate and STEM-related national boards.
    Defense Department Announces New Diversity, Inclusion Committee
    1948 - Agua Dulce Women's Club organized [timeline]
    Women's Club
    Join in expressing your gratitude for our veterans and first responders at the free Veterans and First Responders Appreciation Day, sponsored by the Santa Clarita Elks Lodge 2379 and Los Angeles County Chapter, Marines and Corpsmen Association on Saturday, Oct. 8, from 9 a.m. - 3 p.m.
    Oct. 8: Santa Clarita Elks Lodge Hosting Veterans, First Responders Appreciation Day
    The Lady Mustangs jumped out to a fast start winning the first two sets before taking care of the Arizona Christian Firestorm 3-1 on the road in Glendale, Ariz., Saturday to get their first conference win of the season.
    Lady Mustangs Volleyball Earn First GSAC Win
    Join realtor Tiffany Shields for her free home buyers seminar which will be held on Saturday, Oct. 1, from 12 p.m. - 2 p.m., at the Canyon Country Community Center.
    Oct. 1: Free Home Buyers Seminar at Canyon Country Community Center
    The Newhall Community Center will host a Marketplace Sunday, Oct. 23, from 10 a.m.- 4 p.m., at 22421 Market Street in Newhall.
    Oct. 23: Newhall Community Center Hosting Marketplace
    The city of Santa Clarita is inviting the community to attend the Sidewalk Poetry Reading Dedication at The MAIN, located at 24266 Main Street in Old Town Newhall, on Saturday, Oct. 15, at 11 a.m.
    Oct. 15: Sidewalk Poetry Dedication in Old Town Newhall
    The Los Angeles County Department of Public Health confirmed Thursday no new deaths and 41 new cases in the Santa Clarita Valley, with a total of 12 deaths and 1,666 new cases countywide.
    Thursday COVID Roundup: 41 New SCV Cases; No Additional Deaths
    1923 - Newhall Chamber of Commerce organizes community cleanup day [story]
    cleanup day
    SCVNews.com
    %d bloggers like this: