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Avista Capital Partners Acquires Wellspring Consumer Healthcare

Avista Capital Partners Acquires Wellspring Consumer Healthcare

08/23/22, 12:35 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsarasota
Industry
venture capital
health care
biotechnology
health care
e commerce
Avista Capital Partners ("Avista"), a leading private equity firm focused exclusively on healthcare, today announced the completion of its acquisition of WellSpring Consumer Healthcare ("WellSpring"), a developer and marketer of leading over-the-counter ("OTC") and personal care brands, from Audax Private Equity. Transaction terms were not disclosed.

Company Info

Company
Avista Capital Partners
Company info
Founded in 2005, Avista Capital is a leading New York-based private equity firm with over $8 billion invested in more than 40 growth-oriented healthcare businesses globally. Avista partners with businesses that feature strong management teams, stable cash flows and robust growth prospects – investing in the medical devices and technologies, pharmaceuticals, outsourced pharmaceutical services, healthcare technology, healthcare distribution, and consumer-driven healthcare sectors. Avista helps its portfolio companies to accelerate growth through strategic acquisitions, having completed nearly 100 add-on acquisitions historically across its healthcare portfolio. Avista's Operating Executives and Advisors are an integral part of the team, providing strategic insight, operational oversight and senior counsel, which helps drive growth and performance, while fostering sustainable businesses and creating long-term value for all stakeholders. For more information, visit www.avistacap.com. Media Contact:Daniel Yunger / Hallie WolffKekst CNC daniel.yunger@kekstcnc.com / hallie.wolff@kekstcnc.com SOURCE Avista Capital Partners