Stamford-based PDC Brands sold to CVC Capital for $1.4 billion

The beauty and wellness brand known for Dr. Teal’s bath care, Bodycology, Calgon and other personal care products has been sold by private equity firm Yellow Wood Partners to CVC Capital Partners for $1.425 billion, according to the Stamford Advocate. Yellow Wood, which had purchased the company in a five-year partnership agreement, reported that profits from PDC, whose world headquarters are at 6 High Ridge Park in Stamford, quadrupled over the course of their ownership of the company. [Stamford Advocate]