M&A Deal Summary

RoundTable Healthcare Management Acquires Advantice Health

On April 1, 2019, private equity firm RoundTable Healthcare Management acquired consumer products company Advantice Health from Moberg Pharma

Acquisition Highlights
  • This is RoundTable Healthcare Management’s 5th transaction in the Consumer Products sector.
  • This is RoundTable Healthcare Management’s 22nd transaction in the United States.
  • This is RoundTable Healthcare Management’s 3rd transaction in New Jersey.
Investment Fate
  • Advantice Health was sold to a consortium of financial buyers in 2022.

M&A Deal Summary

Date 2019-04-01
Target Advantice Health
Sector Consumer Products
Buyer(s) RoundTable Healthcare Management
Sellers(s) Moberg Pharma
Deal Type Divestiture

Target

Advantice Health

Cedar Knolls, New Jersey, United States
Advantice Health consists of market-leading therapeutic health & wellness brands that are primarily in the skincare, footcare and first aid product categories. The Company’s branded products lead with efficacy and science, and are sold through an assortment of brick-and-mortar and e-commerce retailers across North America. Advantice Health is based in Cedar Knolls, New Jersey.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

RoundTable Healthcare Management

Lake Forest, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 2.9B USD
Size Large
Type Sector Focused
DESCRIPTION

RoundTable Healthcare Partners is a specialist private equity firm that targets equity and junior capital investments in the healthcare industry. Specific areas of interest include medical devices, medical products and disposables, specialty pharmaceuticals, medication delivery systems, specialty distribution, and outsourced healthcare services. RoundTable typically makes equity investments of approximately $5 to $50 million in platform companies with revenues ranging from $25 to $300 million. RoundTable will not invest in service-oriented provider segments (such as managed care companies, hospitals or nursing homes), internet or biotechnology companies, or start-up/venture situations. RoundTable was formed in 2001 and is based in Lake Forest, Illinois.


DEAL STATS #
Overall 23 of 31
Sector: Consumer Products M&A 5 of 8
Type: Divestiture M&A Deals 3 of 3
State: New Jersey M&A 3 of 5
Country: United States M&A 22 of 30
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Argon Medical Devices

Plano, Texas, United States

Argon Medical Devices, Inc. is a manufacturer and supplier of specialty single-use vascular interventional and pressure monitoring devices utilized in the cardiology, radiology and critical care market segments. Argon Medical Devices was founded in 1972 and is based in Plano, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Salter Labs

Arvin, California, United States

Salter Labs is a manufacturer of disposable oxygen delivery and respiratory therapy products in the multi-billion dollar home medical and acute care markets and has been supplying innovative and proprietary medical consumables. Salter Labs was founded in 1976 and is based in Arvin, California.

Sell -

Seller(S) 1

SELLER

Moberg Pharma

Bromma, Sweden

Category Company
Founded 2006
Sector Life Science
Employees9
Revenue 10M SEK (2024)
DESCRIPTION

Moberg Pharma is a pharmaceutical company with direct sales through its own sales organization in the US and sales through distributors in more than 35 countries. The company’s product portfolio includes topical products for the treatment of skin disorders and pain under the brands Kerasal®, Jointflex®, Kerasal Nail® and Kaprolac®. Kerasal Nail® (Nalox™ in many markets) is the leading product for the treatment of nail disorders in the Nordic market. Moberg Pharma was founded in 2006 and is based in Bromma, Sweden.


DEAL STATS #
Overall 3 of 3
Sector: Consumer Products M&A 2 of 2
Type: Divestiture M&A Deals 3 of 3
State: New Jersey M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-21 Fiber Choice

Cedar knolls, New Jersey, United States

Fiber Choice is a provider of digestive health with a compelling line up of product options for daily fiber supplementation. Fiber Choice is based in Cedar Knolls, New Jersey.

Sell -