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Venerable beauty and personal care products manufacturer acquired by private equity firm.
July 18, 2023
By: Rachel Klemovitch
Assistant Editor
Gemspring Capital Management, a Westport, CT-based middle-market private equity firm, has announced the acquisition of affiliate Bradford Soap International, a long-time manufacturer of beauty and personal care products. Bradford, founded in 1876, creates custom formulations of sustainable and environmentally friendly personal care products that are produced in-house. Multi-site, highly flexible manufacturing facilities are integrated through all stages of production. The company produces shampoo bars, conditioner bars, facial cleansing sticks, specialty soaps and other specialty items. “We are extremely proud of the legacy we have built as a quality and trusted partner to our customers. We are pleased to have found an engaged and knowledgeable partner like Gemspring who shares our vision and has a proven track record of partnering with entrepreneurial teams to build high-growth companies,” said Stuart R. Benton, president and CEO of Bradford. “In this next phase of growth, we look forward to broadening both our capabilities and product portfolio while further establishing our position as the manufacturing and development partner of choice to leading beauty and personal care brands.” Gemspring Managing Director Kristin Steen commented, “The market leading, and differentiated capabilities Bradford has built over its long, successful history are impressive. We’re excited to partner with Stu and the entire management team to build on Bradford’s unparalleled product quality to accelerate the company growth. In addition to a number of compelling organic growth initiatives, we intend to expand the platform through strategic opportunities to extend the capabilities and product offerings Bradford can provide its brand partners.” Bradford is based in West Warwick, RI. The company has additional facilities in Columbus, IN and Calexico, CA.
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