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Unilever to acquire men's personal care brand Dr Squatch
Unilever to acquire men's personal care brand Dr Squatch

Fashion Network

timean hour ago

  • Business
  • Fashion Network

Unilever to acquire men's personal care brand Dr Squatch

Unilever has announced an agreement to buy US-based personal care brand Dr Squatch for an undisclosed sum from growth equity firm Summit Partners. The deal should complete later this year. The company said the 'complementary acquisition marks another step in expanding Unilever's portfolio towards premium and high-growth spaces'. The retail and DTC brand is built on 'natural, high-performance personal care products' including natural soaps and body washes, deodorants, hair care, skin care, and other men's grooming products with 'unique scents and quality ingredients'. And the company was drawn to its 'viral social-first marketing strategies, partnerships with influencers and celebrities, and culturally-relevant collaborations' with limited-edition packs that have 'helped to drive sales and grow a loyal consumer following on social media platforms and beyond'. Fabian Garcia, president of Unilever Personal Care said: 'Dr Squatch has built a solid foundation and loyal following with highly desirable products and clever digital engagement strategies. Building on its success in the US, we are excited to scale the brand internationally and complement our offering in the fast-growing men's personal care segment.' And the brand's CEO Josh Friedman added: 'Our mission is to inspire and educate men to be happier and healthier, and we're excited about our ability to amplify our brand and mission in this next chapter with Unilever. We're just getting started... [with] the opportunity to advance the brand's scale, reach new heights internationally, and entertain and positively connect with more consumers seeking high-quality, natural products around the world.' The brand is distributed through digital commerce, retail and direct-to-consumer channels, primarily in North America and Europe.

Unilever to acquire men's personal care brand Dr Squatch
Unilever to acquire men's personal care brand Dr Squatch

Fashion Network

time13 hours ago

  • Business
  • Fashion Network

Unilever to acquire men's personal care brand Dr Squatch

Unilever has announced an agreement to buy US-based personal care brand Dr Squatch for an undisclosed sum from growth equity firm Summit Partners. The deal should complete later this year. The company said the 'complementary acquisition marks another step in expanding Unilever's portfolio towards premium and high-growth spaces'. The retail and DTC brand is built on 'natural, high-performance personal care products' including natural soaps and body washes, deodorants, hair care, skin care, and other men's grooming products with 'unique scents and quality ingredients'. And the company was drawn to its 'viral social-first marketing strategies, partnerships with influencers and celebrities, and culturally-relevant collaborations' with limited-edition packs that have 'helped to drive sales and grow a loyal consumer following on social media platforms and beyond'. Fabian Garcia, president of Unilever Personal Care said: 'Dr Squatch has built a solid foundation and loyal following with highly desirable products and clever digital engagement strategies. Building on its success in the US, we are excited to scale the brand internationally and complement our offering in the fast-growing men's personal care segment.' And the brand's CEO Josh Friedman added: 'Our mission is to inspire and educate men to be happier and healthier, and we're excited about our ability to amplify our brand and mission in this next chapter with Unilever. We're just getting started... [with] the opportunity to advance the brand's scale, reach new heights internationally, and entertain and positively connect with more consumers seeking high-quality, natural products around the world.' The brand is distributed through digital commerce, retail and direct-to-consumer channels, primarily in North America and Europe.

Unilever to acquire men's personal care brand Dr Squatch
Unilever to acquire men's personal care brand Dr Squatch

Fashion Network

time13 hours ago

  • Business
  • Fashion Network

Unilever to acquire men's personal care brand Dr Squatch

Unilever has announced an agreement to buy US-based personal care brand Dr Squatch for an undisclosed sum from growth equity firm Summit Partners. The deal should complete later this year. The company said the 'complementary acquisition marks another step in expanding Unilever's portfolio towards premium and high-growth spaces'. The retail and DTC brand is built on 'natural, high-performance personal care products' including natural soaps and body washes, deodorants, hair care, skin care, and other men's grooming products with 'unique scents and quality ingredients'. And the company was drawn to its 'viral social-first marketing strategies, partnerships with influencers and celebrities, and culturally-relevant collaborations' with limited-edition packs that have 'helped to drive sales and grow a loyal consumer following on social media platforms and beyond'. Fabian Garcia, president of Unilever Personal Care said: 'Dr Squatch has built a solid foundation and loyal following with highly desirable products and clever digital engagement strategies. Building on its success in the US, we are excited to scale the brand internationally and complement our offering in the fast-growing men's personal care segment.' And the brand's CEO Josh Friedman added: 'Our mission is to inspire and educate men to be happier and healthier, and we're excited about our ability to amplify our brand and mission in this next chapter with Unilever. We're just getting started... [with] the opportunity to advance the brand's scale, reach new heights internationally, and entertain and positively connect with more consumers seeking high-quality, natural products around the world.' The brand is distributed through digital commerce, retail and direct-to-consumer channels, primarily in North America and Europe.

Meet the UK hedge fund emerging as Healthscope's kingmaker
Meet the UK hedge fund emerging as Healthscope's kingmaker

AU Financial Review

time27-05-2025

  • Business
  • AU Financial Review

Meet the UK hedge fund emerging as Healthscope's kingmaker

As Healthscope slides into receivership after nearly 18 months of high-stakes negotiations, it's not local deals junkie David Di Pilla that is calling the shorts but a secretive London-headquartered hedge fund. Street Talk can reveal Polus' dealmakers are expected to land in Australia next week to meet with key decision makers at Healthscope, after cornering about $300 million of its $1.6 billion debt. That holding makes it one of Healthscope's biggest lenders – miles ahead of rivals like Josh Friedman's Canyon Partners which owns about $50 million to $100 million – and gives it considerable weight in the vote that would be needed to approve or block any asset sales from the receivership.

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