LifeStyles Healthcare

CG Sawaya Partners Advises LifeStyles Healthcare on its Sale to Linden Capital Partners

Canaccord Genuity Sawaya Partners is pleased to announce it has advised LifeStyles Healthcare (“Lifestyles”), a global sexual health and wellness platform, on its sale to Linden Capital Partners. LifeStyles was owned by a consortium of investors including Trustar Capital and Humanwell Healthcare. As part of the transaction, the Chinese operations of LifeStyles, including the Jissbon brand, will be separated from the parent company and be retained by the selling shareholders. Terms of the deal were not disclosed.

LifeStyles is a global sexual health and wellness platform offering a broad portfolio of branded condoms, personal lubricants, and other products in over 60 countries. The LifeStyles family of brands includes the leading non-latex condom brand, SKYN®, along with local brands such as LifeStyles®, Manix®, Unimil®, and Blowtex®. Outside of branded products, the Company also supports universities, NGOs, and other organizations as part of a broader effort to promote sexual health and prevent the spread of STDs and STIs. LifeStyles was founded in 1905 by Australia’s Ansell (ASX: ANN), and it was subsequently divested as a stand-alone business in 2017. In addition to its family of brands, LifeStyles owns and operates manufacturing facilities in Thailand and India, and it employs over 1,600 people globally.

Founded in 2004, Linden Capital Partners is a Chicago-based private equity firm focused exclusively on the healthcare industry. Linden has invested in over 40 healthcare companies encompassing over 250+ total transactions. The firm has raised over $7 billion in limited partner commitments since inception.

Canaccord Genuity Sawaya Partners, with a team consisting of Slava Leykind, Mike Raffaniello, Adam Buys, Ziad Al-Haffar, and Will Coakley, served as financial advisor to LifeStyles Healthcare.