NovaBay Pharmaceuticals Acquires DERMAdoctor
September 28, 2021
NovaBay Pharmaceuticals, Inc. has entered into a definitive agreement to acquire DERMAdoctor, LLC for $15.0 million ( $12.0 million cash at closing plus up to $3.0 million in earnouts). The deal brings DERMAdoctor's ~30-product skincare portfolio and its 13-person team (co-founders Audrey and Jeff Kunin to remain) into NovaBay's commercial platform to expand its presence in the U.S. beauty market and capture revenue and operating synergies.
- Buyers
- NovaBay Pharmaceuticals, Inc.
- Targets
- DERMAdoctor, LLC
- Industry
- Consumer Products
- Location
- Missouri, United States
- Transaction Type
- Buyout
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