Salt & Stone Acquired by Advent International | Consumer M&A Deal

Advent International has acquired Salt & Stone, a consumer brands dtc business in the United States. Salt & Stone is a direct-to-consumer body care brand selling skincare and personal care products to customers across the US, with senior management expected to remain in place after the Salt & Stone acquisition. Advent International acquisitions in consumer M&A focus on scaling differentiated brands, and a platform acquisition of Salt & Stone supports growth in the body care category. The private equity acquisition is announced and expected to close next month, with deal size undisclosed and management continuity terms supporting execution.