WellSpring Pharmaceutical Corporation acquires FDS®, the highly trusted feminine hygiene brand, from Inspired Beauty Brands, Inc.
December 4, 2015, SARASOTA, FL — PRNEWSWIRE-IREACH — WellSpring Pharmaceutical Corporation today announced its acquisition of FDS®, the highly trusted feminine hygiene brand, from Inspired Beauty Brands, Inc.
Established in 1966, FDS® is one of the most well known and trusted brands in feminine care. The brand offers a wide range of feminine hygiene products in many forms and scents.
FDS® is an excellent addition to the rapidly expanding personal care and OTC brand portfolio that WellSpring is building. About one year ago the company acquired Bonine®, which added scale to its existing nausea franchise, teaming with Emetrol®. WellSpring also markets a number of innovative personal care brands, including Glaxal Base® skin moisturizers and Barriere™ silicone skin cream.
“We are excited to own FDS®,” said Wendy Shusko, CEO at WellSpring. “We look forward to bringing renewed focus and attention to this great brand and integrating it into the organization. The brand has a very loyal base and is in broad distribution at most key food, drug and mass retailers, as well as numerous beauty supply stores. We believe our team can expand on this momentum with innovative new products and programs.”
Founded in 1999, WellSpring Pharmaceutical Corporation is a privately held company which manufactures and markets a portfolio of well-recognized OTC brands that are widely distributed throughout the U.S. and Canada. Its prescription drug portfolio consists of brands that are recognized as highly effective therapies for certain niche patient populations. In addition, WellSpring is a contract manufacturing organization serving well-known U.S. pharmaceutical companies. Its wholly owned subsidiary operates an FDA and Health Canada inspected manufacturing plant in Oakville, Ontario, Canada. In October 2011, WellSpring was acquired by Sentinel and Ancor in partnership with its management team. For more information, visit www.wellspringpharm.com.
About Sentinel Capital Partners
Founded in 1995 and based in New York City, Sentinel Capital Partners is a private equity firm that invests in promising companies at the lower end of the middle market. It targets investments in the following eight industry sectors: aerospace/defense, business services, consumer, distribution, food/restaurants, franchising, healthcare and industrials. For more information, visit www.sentinelpartners.com.
About Ancor Capital Partners
Based in Fort Worth, Texas Ancor Capital Partners is an operations-focused private equity firm that targets companies in the manufacturing, consumer and distribution sectors. For more information, visit www.ancorcapital.com.
About Inspired Beauty Brands, Inc.
Based in New York City, Inspired Beauty is an innovative developer and marketer of beauty and personal care brands with a long standing reputation for producing high quality products and providing excellent service to their retail and distribution partners around the world. For more information, visit www.inspiredbeauty.com.
Inspired Beauty was advised by Sawaya Segalas & Co., LLC For more information visit www.sawayasegalas.com.