Description
A leading consumer healthcare manufacturer and marketer of personal care and over-the-counter products with leading brands in the feminine hygiene, gastrointestinal, and infant care categories. The Company’s product lines include Summer’s Eve® feminine hygiene products, the Fleet® disposable enema, Pedia-Lax® laxatives for children, Phazyme® anti-gas medication, and the Bourdreaux’s® brand of baby products
Industry
Consumer Goods: Over-the-Counter Products
Gryphon Investment Thesis
- Gryphon’s investment in Fleet Laboratories was sourced through Gryphon’s proprietary, research-based approach and sector initiative in over-the-counter and personal healthcare products, which Gryphon had previously identified as an attractive niche within the overall consumer products category
- With the expertise of four executives exclusive to Gryphon with deep expertise in consumer packaged goods, over-the-counter products, and product marketing, and the assistance of the Gryphon Operations Resources Group, Gryphon’s Consumer Group identified several opportunities to increase EBITDA during the course of ownership and transform a family-owned business into a best-in-class over-the-counter/personal healthcare platform
Outcome
Exited in 2017