M&A Deal Summary

Foundation Wellness Acquires Doctor Hoy’s

On February 8, 2022, Foundation Wellness acquired consumer products company Doctor Hoy’s

Acquisition Highlights
  • This is Foundation Wellness’ 1st transaction in the Consumer Products sector.
  • This is Foundation Wellness’ 1st transaction in the United States.
  • This is Foundation Wellness’ 1st transaction in Arizona.

M&A Deal Summary
Date 2022-02-08
Target Doctor Hoy’s
Sector Consumer Products
Buyer(s) Foundation Wellness
Deal Type Add-on Acquisition

Target

Doctor Hoy’s

Apache Junction, Arizona, United States
Doctor Hoy’s manufactures natural, pain-relieving topical gels manufactured in the USA. Relief for aches and pains associated with sore muscles and backaches caused by physical exertion, athletic competition, or everyday stress and strains. Doctor Hoy’s was founded in 2001 and is based in Apache Junction, Arizona.

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Buyer(S) 1

Buyer

Foundation Wellness

Wadsworth, Ohio, United States
Category Company
Founded 1934
Sector Consumer Products
DESCRIPTION

Foundation Wellness is a specialty designer and manufacturer of branded and private label orthotic solutions, including footbeds/insoles, foot care products, orthopedic braces, sports support, and ergonomic safety products. Foundation Wellness was founded in 1934 and is based in Wadsworth, Ohio.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-11 CURREX

Hamburg, Germany

CURREX distributes high-performance insoles for athletes and active individuals, using innovative technology to tailor insoles to the user’s specific needs. CURREX was founded in 2000 and is based in Hamburg, Germany.

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