Consumer Products Acquisitions in South Carolina

Turner Ashby Capital, LLC of Naples, Florida has acquired HC Luxury Outdoor, a Mount Pleasant, South Carolina–based luxury outdoor furniture designer and direct-to-consumer retailer. The transaction was announced by Woodbridge International, which served as the sell-side advisor for the deal.

Oil-Dri Corporation of America (NYSE: ODC) completed its previously announced $46 million acquisition of Ultra Pet Company, Inc., a supplier of silica gel–based crystal cat litter. The deal, funded with cash-on-hand and existing credit facilities, expands Oil-Dri's product portfolio into the crystal cat litter segment and aims to drive growth through combined commercial and operational capabilities.

Highlander Partners, a Dallas-based private investment firm, acquired RMS Beauty, the Charleston-headquartered pioneer of the clean beauty movement. Highlander plans to scale the brand by revamping marketing and product assortment, strengthening retail relationships, driving direct-to-consumer growth, and using RMS as the foundation for a broader clean-beauty platform.

San Francisco Bay Area private equity firm Salt Creek Capital has acquired Tuscan Imports, Inc. d.b.a. Fontana Forni USA, a Florence, South Carolina-based exclusive importer and distributor of Italian ovens, grills and terracotta pottery. The deal represents an ownership transition from founder Kirk Laing and positions Salt Creek to support management in the company's next phase of growth and geographic expansion in North America.

Arizona-based Royal Paper, backed by private equity firm Gridiron Capital, has acquired Sun Paper Company, a Duncan, South Carolina-based manufacturer of bath, towel, napkin and facial tissue. The acquisition expands Royal Paper's national footprint and manufacturing capacity, creating a larger private-label and sustainable tissue platform serving retail and away-from-home customers.

NBG Home, the Austin-based home décor platform owned by Sycamore Partners, has acquired Quoizel, a decorative lighting designer and manufacturer based in Charleston, South Carolina. The deal keeps Quoizel's headquarters and leadership in place and is an add-on acquisition to NBG Home's platform to expand product, brand diversity and distribution.

Sycamore Partners completed its acquisition of Pure Fishing from Newell Brands on Jan. 7, 2019. The PE firm said it will support Pure Fishing’s portfolio of global consumer brands and named Harlan Kent as CEO to help accelerate growth following the carve-out from Newell.