WellSpring Consumer Healthcare Acquires A+D, Solarcaine and Other OTC Skin Care Brands from Bayer

April 4, 2023

WellSpring Consumer Healthcare, a portfolio company of Avista Capital Partners, acquired a portfolio of OTC skin care brands from Bayer AG — including A+D, Solarcaine, Cortate and Complex 15 — to expand scale, product diversity and accelerate its innovation pipeline. Financial terms were not disclosed; the transaction is described as WellSpring's first add-on acquisition since Avista's investment in August 2022.

Buyers
WellSpring Consumer Healthcare, Avista Capital Partners
Targets
A+D, Solarcaine, Cortate, Complex 15
Sellers
Bayer AG
Platforms
WellSpring Consumer Healthcare
Location
United States
Transaction Type
Addon

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