Cooley advised Prelude Growth Partners on the sale of its majority stake in Sol de Janeiro, a Brazil-inspired lifestyle skincare brand, to L’Occitane International S.A.
Stamford, Connecticut-based Finn, Dixon & Herling also advised Prelude Growth, which bought its stake in Sol de Janeiro in 2019, according to a statement.
Founded in 2015, Sol de Janeiro says it makes body care, fragrance, and hair care products with “sustainably sourced” ingredients. It sells both directly to consumers through its web site and retailers, the statement said.
No financial details were disclosed for the sale, which on closing will make Sol de Janeiro ...