n June 30, 2016, Performance Health was sold to a strategic buyer. Performance Health is a manufacturer and marketer of topical analgesics, therapy bands, and other healthcare products.
WP Global co-invested in Performance Health in 2012 alongside Gridiron Capital. WP Global was attracted to the company because of its expanding end markets due to an aging but more active population; a business model with recurring revenue as a result of the consumable nature of its products; and multiple growth avenues through add-ons and distribution channel expansions.
About WP Global Partners
WP Global Partners is a private markets firm focused on investing in operating companies with enterprise values under $250 million via both direct and fund vehicles across both equity and debt strategies. With decades of experience, the WP Global team has collectively invested $6 billion into over 90 companies and 400 small to mid-market funds.