Charlesbank Capital Partners-backed Bridges Consumer Healthcare to acquire Clarion Brands from Swander Pace Capital.

Charlesbank Capital Partners-backed Bridges Consumer Healthcare, a consumer healthcare company, agreed to acquire Clarion Brands, a scale OTC business, from Swander Pace Capital. Financial terms were not disclosed. "We have identified significant opportunity to capitalize on the heritage and momentum of the Clarion brands, and we look forward to leveraging our experience in the OTC industry to help them grow as part of Bridges. Strategic acquisitions like this will be key to the success of Bridges as a leading consumer healthcare company," Josh Klevens, Charlesbank Managing Director.