Advent to Acquire Salt & Stone, the Premium Body Care Brand

"Advent, a leading global private equity investor, today announced that it has signed a definitive agreement to acquire a majority stake in Salt & Stone, the Los Angeles-based, high-performance body care brand.

Jalali will remain an equity holder in Salt & Stone. Humble Growth, which made a minority investment in the company in 2024, will exit its investment. Jalali added, "I'm also grateful to Andrew Abraham, Evan Mintz and the team at Humble Growth for their early belief in the brand and support along the way.""

Read more about the partnership here.

Portfolio company information is provided for informational purposes only, is not a recommendation, and is not indicative of results. Third-party content is not endorsed by the adviser.