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New Deal


Announced

Completed

Linden Capital Partners completed the investment in Formulated Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Acquisition

Majority

United States

Domestic

Private

Pharmaceuticals

Completed

Private Equity

over-the-counter products

Single Bidder

Friendly

Synopsis

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Linden Capital Partners, a Chicago-based healthcare private equity firm, completed the investment in Formulated Solutions, a provider of contract development and manufacturing services for over-the-counter and prescription healthcare products. HealthEdge Investment Partners co-invested in the transaction. Financial terms were not disclosed. "We are proud of the team, our culture of innovation, and the Marketing Partner-centric business model we have built at Formulated Solutions. We are excited to partner with Linden to further invest in growth and expand the capabilities we can provide to our customers. We chose Linden because of their partnership orientation, growth mindset, and differentiation in healthcare-related contract manufacturing. They have the experience, relationships, and resources to support our shared value creation plan," Eric Dann, Formulated Solutions Founder and CEO.

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