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BOSTON, February 12, 2014 – Yellow Wood Partners, LLC announced today that its portfolio company Parfums de Coeur, Ltd. (PDC), the largest provider of mass-market fragrances and a leading supplier of specialty bath products in the United States, has acquired Dr. Teal’s Therapeutic Solutions from health and beauty company Advanced Beauty, Inc. Terms of the deal were not disclosed.   Dr. Teal’s is a leading brand across multiple personal care categories in food, drug and mass channels including specialty bath, foot care and first aid. In addition to its line of bath and body products, Dr. Teal’s is the largest branded Epsom salt brand in the U.S. and has grown by over 50% annually over the past five years as consumers continue to become more aware of the many benefits of Dr. Teal’s products. The brand’s products are sold in more than 30,000 food, drug and mass retail outlets in the U.S. and through several major retailers in Canada and other countries.   “Dr. Teal’s is a tremendous brand, offering the rare combination of real therapeutic solutions with truly experiential bath and body products that are as delightful to use as they are effective,” said James Stammer, CEO, Parfums de Coeur.  “Dr. Teal’s is the perfect complement to Parfums de Coeur’s leading fragrance and specialty bath offerings. We look forward to continue to grow the Dr. Teal’s brand with additional marketing resources to build on the current success of the brand with our broader customer base. This is the second add-on acquisition we have completed since Yellow Wood purchased Parfums de Coeur, which continues to broaden our product line, and it underscores the valuable role Yellow Wood plays in utilizing their deep consumer products industry knowledge and connections.”   “Dr. Teal’s is an ideal add-on investment for Parfums de Coeur, as we believe that the Parfums management team will be able to add even more firepower to an already growing and well positioned brand,” said Dana Schmaltz, from Yellow Wood. “The acquisition fits our strategy of building Parfums into a broader personal care business in many ways. We thank Chris and Cindy McClain of Advanced Beauty and their management team for giving us this exclusive opportunity to buy a brand they have nurtured extremely well.”   Houlihan Lokey served as the exclusive financial advisor and assisted in structuring and negotiating the transaction on behalf of Advanced Beauty. Fried, Frank, Harris, Shriver & Jacobson LLP served as the legal advisor to PDC.