Announced
Financials
Tags
pain analgesic cream
Private Equity
United States
Pharmaceuticals
Acquisition
Private
Synopsis
Private equity firm Altacrest Capital acquired Corganics, maker of a leading natural topical pain analgesic cream, Relief. Financial terms were not disclosed. Altacrest partner Tim Laczkowski said: “We are very excited to bring another high-quality consumer brand into the Altacrest portfolio. We know how enthusiastic current Relief customers are about the effectiveness of the product. For years, extremely credible members of the medical community have adopted the product as their pain relief solution of choice. Our job is to leverage this enthusiasm for the product and get it into the hands of consumers much more broadly.”
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