Castle Harlan, Branford Castle Acquire Sunless
Castle Harlan and Branford Castle Partners have acquired Sunless, Inc., a manufacturer and marketer of spray tanning equipment, spray tanning solution and related accessories, from The Riverside Company and certain current and former management.
"Sunless is an excellent opportunity to acquire the leader in a growing and recurring consumer market," said Eric Schwartz, Managing Director of Castle Harlan. "Demand for spray tanning is strong. It is amazing how quickly consumers who try spray tanning become regular adopters, and we expect this trend to continue in the coming years."
John S. Castle, President and CEO of Branford Castle, said, "Spray tanning is quick, easy, and allows people to look awesome. Branford's deal team has been looking especially great since due diligence started. Further, we are very excited to work closely with the company's customers to best address their needs and grow the industry as a whole."