Charlesbank Capital-backed Bridges Consumer Healthcare completed the acquisition of KT Tape from Palladin Consumer Retail.

Charlesbank Capital-backed Bridges Consumer Healthcare, a consumer healthcare company focused on OTC and personal care products, completed the acquisition of KT Tape, an an elastic sports tape manufacturer, from Palladin Consumer Retail, a private investment firm. Financial terms were not disclosed. "We are excited to join forces with KT Tape to advance our shared goal of delivering innovative over-the-counter healthcare solutions to improve our customers' everyday health and quality of life. KT's innovative solutions enhance Bridges' already-strong position in pain relief, alongside our current brands in the external pain category, ThermaCare and Absorbine Jr. As we begin executing on our vision for growth, we look forward to exploring partnerships with similar brands that can help us scale further," John Speranza, Bridges Consumer Healthcare CEO.