Caymus Equity Partners, LLC (“Caymus Equity”), a lower-middle market private equity firm, has announced that its portfolio company, Phoenix Aromas & Essential Oils, LLC (“Phoenix”), has acquired Creative Concepts Corp. (“Creative”). Headquartered in Norwood, NJ, Creative specializes in the manufacturing of fragrances used in the cosmetic and perfume markets, with end markets including perfumery, hair care, skin care and environmental perfumery. This acquisition will serve to further bolster Phoenix as a fully integrated distributer and developer of flavors and fragrances and their ingredients.
“Creative provides Phoenix with increased presence in the fragrance industry while we continue to strengthen and broaden our product offering,” said J.P. Benveniste, CEO of Phoenix. “Our goal is to provide our customers the optimum line up of ingredients, flavors and fragrances.”
This transaction represents the third acquisition Phoenix has completed.
The transaction closed on April 11, 2018. To learn more about Phoenix, visit phoenixaromas.com.