GSK is selling assets to Foundation Consumer Healthcare

July 24, 2020

Overview

Foundation Consumer Healthcare owned by Kelso Private Equity and Juggernaut Capital, has entered into an agreement to acquire seven branded assets from GSK Consumer Healthcare.

The sale of the assets furthers the integration objectives between GSK and Pfizer as announced in late 2019.

Significance

Foundation has expanded its therapeutic focus with leading products that are sold globally.

Crosstree’s Role

Crosstree acted as exclusive financial advisor to GSK in its sale to Foundation.

This transaction further strengthens Crosstree’s extensive advisory experience with innovators in pharmaceutical products.

GSK is selling assets to Foundation Consumer Healthcare