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Advent Acquires a Majority Stake in Salt & Stone After the LA Body Care Brand Hit $165 Million in Revenue

Advent, a leading global private equity investor, has signed a definitive agreement to acquire a majority stake in Salt & Stone, the Los Angeles based premium body care brand founded in 2017 by former pro snowboarder Nima Jalali.

Advent Acquires a Majority Stake in Salt & Stone After the LA Body Care Brand Hit $165 Million in Revenue
BusinessNews

Advent Acquires a Majority Stake in Salt & Stone After the LA Body Care Brand Hit $165 Million in Revenue

Credit: Salt & Stone

Advent, a leading global private equity investor, has signed a definitive agreement to acquire a majority stake in Salt & Stone, the Los Angeles based premium body care brand founded in 2017 by former pro snowboarder Nima Jalali. The deal, expected to close in April 2026, follows Salt & Stone‘s strongest fiscal performance to date, with the brand generating over $165 million in revenue in 2025 and delivering double digit growth across all channels. Financial terms were not disclosed.

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