WellSpring Consumer Healthcare acquires vH essentials
Developer and marketer of OTC and personal care brands, WellSpring Consumer Healthcare, is adding a new brand to its portfolio.
The company has acquired vH essentials from Wisconsin Pharmacal Company, but the transaction's financial terms were not disclosed.
WellSpring Consumer Healthcare is a portfolio company of Avista Healthcare Partners.
“We are thrilled with the addition of vH essentials. WellSpring's women's health franchise is now anchored by two scaled high-growth brands, vH essentials and FDS, with exciting and compelling opportunities to accelerate growth in retail and e-commerce channels,” said Chris Brown, CEO of WellSpring. “vH essentials aligns with our core mission to improve the health and wellness of our consumers, and this acquisition helps to unlock the next leg of growth for WellSpring.”
[Read more: Dr. Reddy’s inks deal to acquire Haleon’s NRT portfolio outside of U.S.]
VH essentials offers a wide range of OTC products for women’s intimacy care, including product lines for everyday problem solutions at brick-and-mortar retailers and e-commerce platforms like Amazon.
“The addition of vH essentials to the WellSpring portfolio is exciting in many respects, as it adds another established, growing OTC brand to the portfolio, drives scale to the platform, and provides Wellspring with an additional avenue to launch impactful innovation to help address consumers' self-care needs in women’s health,” said Alex Yu, Partner at Avista Healthcare Partners.