“We have gotten to know the Two Sigma Impact and Avance teams quite well over the past few months and are eager to join forces and continue scaling the business with their expertise and support.” I could not be more proud of the WSP team’s dedication and hard work,” said Mr. Today’s announcement is a testament to our customers’ success and our team’s ability to meet the growing demand for high-quality ingredients and services. “More than two decades ago, WSP was established to provide aspiring commercial crafters with affordable and professional quality soap, skincare and candle-making supplies. ![]() WSP has attracted a large base of engaged, recurring customers and has enjoyed more than 15 consecutive years of organic revenue growth across multiple economic cycles. ![]() The company’s broad product assortment and complementary support enable an expanding artisan community to meet growing consumer demand for authentic, local and clean label personal products. WSP is an industry-leading provider of high-quality raw materials, supplies and packaging for soap, skincare and candle artisans. Financial terms of the transaction were not disclosed. The Company will continue to be led by Sam Solomon, Chief Executive Officer of WSP, and the senior management team. ![]() New York & Ohio-April 29, 2021-Two Sigma Impact, the impact investing business of Two Sigma, and Avance Investment Management (“Avance”), a private equity firm that invests in established lower-middle market services and consumer businesses, today announced they have acquired Wholesale Supplies Plus (“WSP” or the “Company”), a leading e-commerce provider of ingredients and supplies to commercial artisans who create personal care, beauty and home fragrance products.
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