Boston-based private equity firm Yellow Wood Partners has completed the $1.425 billion sale of Stamford”™s PDC Brands to CVC Capital Partners. Beauty and personal care products company PDC”™s portfolio includes such brands as Dr. Teal”™s, Cantu, Body Fantasies, BOD Man and Eylure.
The company was acquired by Yellow Wood Partners five years ago. Dana Schmaltz, Yellow Wood Partners founding partner, said that PDC”™s revenues had quadrupled since the acquisition.
New York City-based CVC manages capital on behalf of more than 300 institutional, governmental and private investors worldwide.