Founded in 1981, PDC is a rapidly growing beauty and personal care products company with a portfolio of category-leading brands across wellness, hair care, beauty & cosmetics, fragrance, and bath & body care.
“During our partnership with PDC Brands the company grew dramatically with revenues growing over 4x and EBITDA growing over 5x over the last five years,” said Dana Schmaltz, founding Partner of Yellow Wood Partners.”The strong performance has been driven by strong organic sales growth combined with the addition of five acquisitions of nine brands that were added to the portfolio. With these efforts the company has emerged as a global leader providing unique and innovative beauty and personal care products that connect with today’s consumers. Yellow Wood is extremely appreciative of the partnership built with CEO James Stammer and the senior management team at PDC, and particularly the collaboration, creativity and exceptional performance of the entire PDC team. The time is right time for PDC to become a key part of a larger partnership with access to all the global resources CVC brings to take PDC to the next level. We wish our good friends continued success.”
Closing of the deal is expected this month.