Deloitte acted as the exclusive financial advisor to Original Additions TopCo, a London-based beauty company and portfolio company of Lloyds Development Capital, in its sale to PDC Brands, a portfolio company of Yellow Wood Partners. The transaction closed on April 4, 2016.

“The acquisition is a really positive development for both businesses. Following a very successful five years of growth working alongside LDC, we now enter a new and dynamic phase for Original Additions that I believe will see us grow sharply in international markets, and particularly in the USA,” said Simon Zussman, managing director, Original Additions.

“We have worked closely with Original Additions over the last 12 months and believe this to be a great result for all parties. We strive to work with clients who lead in their respective markets and Original Additions embodies this objective. This deal is also yet another example of a thriving U.S. – UK M&A deal corridor, which is now one of the largest bilateral cross-border deal corridors in the world by value and volume. I certainly don’t expect this to be the last transaction of its kind,” said David Jones, UK partner, Deloitte Financial Advisory.