Key Takeaways:Advent International has signed a definitive agreement to acquire a majority stake in Salt & Stone.Salt & Stone reached $165 million in revenue in 2025.Founder Nima Jalali will maintain a minority stake in the brand, while Humble Growth will exit its investment.Advent International to acquire a majority stake in Los Angeles–based bodycare brand Salt & Stone, a BeautyMatter 2025 FUTURE50 brand.WHO: Founded in 2017 by former pro snowboarder Nima Jalali, Salt & Stone elevates everyday routines into sensorial rituals through the power of fragrance, formula, and design. The brand’s products are crafted with natural ingredients, coupled with skin science and thoughtful fragrances. The brand's deodorant is its hero product, flanked by an assortment of body mists, body washes, lotions, and more, featuring sophisticated scent franchises such as Santal & Vetiver, Bergamot & Hinoki, Black Rose & Oud, and Neroli & Basil. The brand's core customer is a millennial, split evenly between genders. The brand is available at Sephora, SpaceNK, and Nordstrom. In 2025, it became an amenity partner of the premium fitness chain Solidcore.Founded in 1984, Advent International is a leading global private equity investor committed to working in partnership with management teams, entrepreneurs, and founders to help transform businesses. It has 16 offices across five continents, overseeing more than $94 billion in assets under management, and has made over 430 investments across 44 countries. Advent counts Skala Cosméticos, the publicly traded Olaplex, Parfums de Marly, Initio Parfums Privés, and the Orveon brands in its portfolio.