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
- Industry
- Consumer Products
- Location
- United States
- Transaction Type
- Addon
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