Houlihan Lokey Advises Remedy Health Media
Houlihan Lokey is pleased to announce that Remedy Health Media, LLC (Remedy), a portfolio company of Topspin Consumer Partners (Topspin), has been acquired by Amulet Capital Partners (Amulet). Houlihan Lokey served as the exclusive financial advisor to Remedy and Topspin. The transaction closed on September 20, 2021.
Remedy is recognized as a leading digital healthcare media platform, delivering authoritative, authentic, and action-oriented digital content to patients and healthcare professionals through its portfolio of digital brands, including HealthCentral, TheBody, TheBodyPro, OBR, Patient Power, Endocrineweb, Psycom, Practical Pain Management, and SpineUniverse. Remedy also operates a leading point-of-care business, HealthCentral Guide, which helps educate and inform patients within doctors' offices nationwide. Remedy’s brands build deep relationships with high value audiences by providing innovative storytelling, award-winning health journalism, news, and proven action plans.
Topspin is a Mamaroneck, New York–based private equity firm that makes investments in established, profitable, and fast-growing middle-market consumer businesses. The firm invests across a number of subverticals within consumer, including health and wellness, personal care and beauty, food and beverage, media, household goods, pet, and children's products. The Topspin team has considerable operational expertise in consumer products and services and collaborates with founder-owners and management teams to build businesses of varying stages and sizes.
Amulet is a middle-market private equity investment firm based in Greenwich, Connecticut, focused exclusively on the healthcare sector. Amulet seeks to achieve long-term capital appreciation through privately negotiated investments in companies. Amulet focuses on those segments it believes have the most attractive long-term fundamentals.
Houlihan Lokey acted as the exclusive financial advisor to Remedy and Topspin. We marketed, structured, and negotiated the transaction on behalf of the company and its shareholders by leveraging our unique access and unparalleled understanding of the digital media industry and its key players. This transaction highlights Houlihan Lokey’s continued position as a leading advisor within the digital media and healthcare industries.
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