The Procter & Gamble Company (NYSE:PG) agreed to acquire Mielle Organics, LLC. on January 11, 2023. Mielle will continue to be led by co-founders and wife-and-husband duo Monique and Melvin Rodriguez, as Chief Executing Officer and Chief Operating Officer, respectively, and will operate as an independent subsidiary of P&G Beauty.

The transaction is subject to regulatory approval. Jeffrey D. Marell and Samuel J. Welt of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Mielle Organics, LLC. Saee Muzumdar of Gibson, Dunn & Crutcher LLP acted as legal advisor to Mielle Organics, LLC.

Raymond James Financial, Inc. acted as financial advisor to Mielle Organics, LLC. William Blair & Company, L.L.C. acted as financial advisor to Mielle Organics, LLC.