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The acquisition adds the leading body care brand to the private equity investor’s consumer and beauty portfolio.
March 24, 2026
By: Lianna Albrizio
Associate Editor
Private equity investor Advent has signed a definitive agreement to acquire a majority stake in Los Angeles-based body care brand Salt & Stone. Officials say the partnership will fuel Salt & Stone’s next phase of growth, deepening the brand’s global reach and connection with consumers. Terms of the transaction, expected to close in April, were not disclosed. Salt & Stone was founded in 2017 by former professional snowboarder Nima Jalali. Drawing on his athletic roots, Jalali...
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