Two Sigma Impact and Avance Investment Management Acquire Wholesale Supplies Plus

April 29, 2021

Two Sigma Impact and Avance Investment Management have acquired Wholesale Supplies Plus (WSP), a leading B2B e-commerce provider of ingredients, supplies and packaging for soap, skincare and candle artisans. The company will remain led by CEO Sam Solomon and the existing management team; financial terms were not disclosed. The buyers plan to support WSP's continued growth through enhanced marketing, data science capabilities and accretive acquisitions.

Buyers
Two Sigma Impact, Avance Investment Management
Targets
Wholesale Supplies Plus
Sellers
Incline Equity Partners
Industry
E-Commerce
Location
Ohio, United States
Transaction Type
Buyout

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