TSG Sells Sexy Hair, Alterna And Kenra Professional To Henkel
SAN FRANCISCO, CA, June 2, 2014 — TSG Consumer Partners LLC ("TSG"), a leading strategic equity investor in high-growth consumer brands, has agreed to sell U.S. hair care companies Sexy Hair, Alterna, and Kenra Professional, to Henkel. Henkel operates worldwide with leading brands and technologies in three business areas: Laundry & Home Care, Beauty Care and Adhesive Technologies.
“We are fortunate to have partnered with such exciting brands and exceptional teams and we’re proud of the significant growth achieved in the last few years," said Brian Krumrei, Managing Director at TSG Consumer Partners. “We have tremendous respect for the Henkel organization and believe it will be an excellent steward for these companies going forward.”