August 2022
WellSpring Consumer Healthcare
CG Sawaya Partners Advises WellSpring Consumer Healthcare on its Sale to Avista Capital Partners
Canaccord Genuity Sawaya Partners is pleased to announce it has advised WellSpring Consumer Healthcare, a leading marketer of over-the-counter and personal care brands, on its sale to Avista Capital Partners. WellSpring Consumer Healthcare was a portfolio company of Audax Private Equity.
Founded in 1999 in Sarasota, Florida, WellSpring Consumer Healthcare manages a diversified portfolio of trusted brands in the U.S. and Canada in important, need-based product segments such as first aid, therapeutic skincare and digestive health. Several of these brands occupy the #1 or #2 positions in their respective segments and benefit from a long-standing heritage, high awareness among consumers, and robust omnichannel presence.
Avista Capital Partners is a New York-based private equity firm with over $8 billion invested in more than 40 growth-oriented healthcare businesses globally.
The CG Sawaya Partners deal team consisted of Slava Leykind, Taylor Petersen, Ali Solangi, and Will Coakley.