Company News, Financial News

Suave Brands Company Acquires ChapStick

The iconic lip care brand is Yellow Wood’s fifth corporate carveout transaction in four years.

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By: Lianna Albrizio

Associate Editor

Yellow Wood Partners’ portfolio company Suave Brands Company has signed a binding offer to acquire the ChapStick brand from Haleon.   The transaction is intended to close in the first half of 2024 upon completion of customary closing and regulatory approvals. Yellow Wood Partners is a Boston-based private equity firm focused on investing in consumer brands and companies. ChapStick marks Yellow Wood’s fifth corporate carveout transaction in four years.   “The Yellow Wood team...

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