Swander Pace, Ontario Teachers close $750 mln sale of Insight Pharmaceuticals
U.S. private equity firm Swander Pace Capital and Teachers’ Private Capital, the investment arm of Ontario Teachers’ Pension Plan, have closed their sale of portfolio company Insight Pharmaceuticals LLC to Prestige Brands Holdings Inc (NYSE: PBH) for US$750 million. Swander Pace had been a primary investor in Insight since 2009, while Teachers made its initial investment in 2011. The Trevose, Pennsylvania-based company specializes in over-the-counter health and personal care products. Canadian law firm Torys LLP represented Teachers in the sale.
8 September 2014•4 mins read
