Bridges Consumer Healthcare was established in partnership with industry veteran Robert Long to build a market-leading consumer healthcare platform. At its formation in 2019, Bridges acquired the North American rights to ThermaCare® HeatWraps from GlaxoSmithKline. ThermaCare is a portfolio of clinically proven heat wraps for pain relief. In 2020, Bridges acquired Clarion Brands, a scale OTC business anchored by premier brands that target specialty conditions.
As part of our efforts to identify investments in the consumer healthcare sector, Charlesbank developed a relationship with Mr. Long and his colleagues, evaluating multiple opportunities before the formation of Bridges and acquisition of ThermaCare.