Ancor Capital Partners is pleased to announce the acquisition of Transhield, Inc. based in Elkhart, Indiana. Transhield develops and engineers high-tech, advanced environmental protective and corrosion inhibiting covers for the protection of boats, vehicles and equipment during storage or transit. The company has expanded its product offering from an original focus on the marine industry to the military and industrial markets. Transhield holds multiple patents...Read More
Ancor Capital announced the sale of the Prescription Pharmaceutical Business of WellSpring Pharmaceutical Corporation. “The sale of the business allows WellSpring to focus on its core competency of OTC products and contract manufacturing of pharmaceuticals” said Wendy Shusko, President of WellSpring Pharmaceutical. “Additionally, the strong capital base provided by this transaction and our investors will allow the company to aggressively pursue other OTC acquisitions” continued...Read More
Ancor Capital announced the acquisition of BONINE®, an over-the-counter drug for motion sickness, by WellSpring Pharmaceutical Corporation. The addition of BONINE® provides significant scale to its U.S.OTC nausea franchise. Its EMETROL® brand is the #1 pharmacist recommended nausea remedy, and has provided consumers with relief from nausea related to stomach flu and over-indulgence for over 50 years. “To add a growing and innovative brand such...Read More
Ancor Capital Partners, Merit Capital Partners and PNC Mezzanine Capital today announced the acquisition of Identity Group Holdings Corporation, a Cookeville, Tenn., based identity products manufacturer. Identity Group manufactures custom identity products engineered to communicate a brand, message, location, or creative theme, and is best known for manufacturing and marketing customized interior signs. Identity Group’s mass customization capabilities allow it to quickly produce high-volume, custom...Read More
Ancor Capital Partners and Merit Capital Partners are pleased to announce the sale of Carex Health Brands to Tenex Capital Management. Carex Health Brands will be merging with Roscoe Medical, another portfolio company of Tenex Capital Management. The transaction will create a combined company well-positioned to better serve the growing home healthcare market, with dominant market distribution across all channels from retail to DME and...Read More
