PE Firms Exiting H2O Plus
June 2, 2011- Share:
A group of investors, which includes Cordova, Smart & Williams and New MainStream Capital, has agreed to sell H2O Plus to Japanese cosmetic company Pola Orbis. H20 provides marine-based natural skincare products. The company is being advised by BofA Merrill Lynch and Paul, Weiss, Rifkind, Wharton & Garrison, while Pola Orbis is being advised by Citi, Simpson Thacher & Bartlett and Nagashima Ohno & Tsunematsu.
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