Ropes & Gray represented TSG Consumer in its definitive agreement to acquire a majority stake in Saltair, a Los Angeles-based body care brand. The transaction was announced on July 30.
Founded in 1986, TSG Consumer is a leading consumer-focused private equity firm with approximately $14 billion in assets under management.
Financial terms of the transaction were not disclosed.
The Ropes & Gray team included private equity partner Elizabeth Gallucci, tax partners Pamela Glazier and Alyssa Kollmeyer, and executive compensation & employee benefits partner Kyle Higley.
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