Manzanita Capital Acquires Majority Stake in D.S & Durga

Monogram Capital Partners Acquires Majority Stake in Tru Fragrance & Beauty

April 2, 2024

Consumer Products

Monogram Capital Partners, a Los Angeles-based private equity firm, has acquired a majority stake in Tru Fragrance & Beauty, a Willowbrook, Illinois–based beauty brand builder. The investment will be used to accelerate Tru's growth and scale — expanding distribution in the U.S., Canada, the U.K., Europe, launching new brands and licensing relationships, and pursuing complementary acquisitions.

Inflexion Acquires Majority Stake in dss+ from Gyrus Capital

February 15, 2023

Consulting

Inflexion has agreed to acquire a majority stake in dss+, a Switzerland‑headquartered operations management consulting firm focused on safety, culture transformation and sustainability. Gyrus Capital will remain a significant minority investor alongside dss+ management, and Inflexion plans to support dss+'s growth both organically and via M&A to expand its sustainability and operations offering.

Ryan Acquires Majority Stake in Dhruva Advisors

September 29, 2025

Accounting & Tax

Ryan has acquired a majority stake in India-based tax advisory firm Dhruva Advisors, forming a joint venture to expand Ryan's tax services footprint across India, the Middle East and Asia. As part of the deal, Dhruva partners will take equity in Ryan and Dhruva Founder and CEO Dinesh Kanabar will join Ryan as a Vice Chairman.

Traub Capital Acquires MANA Products

September 1, 2020

Manufacturing

Traub Capital has purchased MANA Products, a Long Island City–based prestige beauty contract manufacturer. The private equity firm said it will leverage MANA’s R&D and contract manufacturing capabilities to support strategic growth while MANA’s management and workforce remain in Long Island City, New York.

TDR Capital Acquires Majority Stake in Acqua & Sapone from H.I.G. Capital

June 26, 2024

Retail

Funds managed by TDR Capital have acquired a majority stake in Acqua & Sapone from an affiliate of H.I.G. Capital, with the Barbarossa family and H.I.G. retaining a significant equity interest. Acqua & Sapone is Italy's leading non-food discount retailer, operating over 700 stores and generating roughly €1.1 billion in annual revenue; TDR says it will work with management and existing shareholders to continue the company's growth.

L'OCCITANE Group Acquires Majority Stake in Sol de Janeiro

November 15, 2021

Consumer Products

The L'OCCITANE Group has acquired an 83% indirect majority stake in Sol de Janeiro, a fast-growing US-founded premium body care and lifestyle beauty brand. The strategic acquisition expands L'OCCITANE's multi-brand portfolio and aims to leverage its international footprint to accelerate Sol de Janeiro's global growth across body care, fragrance and hair care channels.