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Announced

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Juggernaut Capital-backed French Transit completed the acquisition of Naväge Nasal Care.

Synopsis

Juggernaut Capital-backed French Transit, a consumer health and wellness products platform, completed the acquisition of Naväge Nasal Care, a saline nasal irrigation device provider. Financial terms were not disclosed. “We hired Lincoln International based on their knowledge of the industry and on their relationships with key industry participants and investors. They’ve done a phenomenal job both at running the process itself, but also at showcasing what makes Naväge unique and disruptive. Their strategic advice was instrumental in negotiating the right transaction for our shareholders as well as for our equity-owner employees, and their commitment to achieve the best possible outcome has truly gone so far above and beyond what we expected: outstanding performance! We’re very excited about the next chapter of growth for Naväge in partnership with Juggernaut," Martin Hoke, Naväge President and Founder.

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