New York – March 2017
– Tailwind Capital, a leading middle market private equity firm investing in growth-oriented companies in targeted sectors within healthcare, business services and industrial services, announced an investment in DermaRite Industries, LLC ("DermaRite"). DermaRite is a manufacturer and distributor of skin and wound care products.
Founded in 1995, DermaRite provides high quality, affordable skin care, advanced wound care and nutritional supplements for healthcare and senior-care facilities. In addition, the company provides a comprehensive set of services to its customers, include clinical education, nurse training and product guides.
Naftali Minzer, CEO of DermaRite, commented, "Since our founding we have been committed to providing quality products and customer service. We are excited to have Tailwind as an investment partner, and I look forward to their support as we continue to build and grow DermaRite in the post-acute space."
Tailwind Operating Executive and DermaRite Chairman Eran Broshy commented, "We are eager to partner with Naftali and the rest of the DermaRite management team, who bring extensive market knowledge and deep operational expertise. We look forward to supporting their continued growth and building on their strong customer and distribution relationships."
Geoff Raker, Partner at Tailwind, added, "DermaRite has a long history of creating value and has a significant opportunity for continued growth across the skin and wound care market. The company is a great addition to our healthcare portfolio."
About Tailwind Capital
Tailwind Capital is a leading middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic improvements. Since inception, Tailwind has managed funds with $2 billion of committed equity capital, having invested in 33 portfolio companies and 50 add-on acquisitions.
About DermaRite Industries
DermaRite Industries has been providing high-quality, clinically effective and cost-effective skin and wound care products to nursing homes, home health agencies, hospice and wound clinics for over 20 years. Based in North Bergen, New Jersey, the company's Healing In D.E.P.T.H. program provides caregivers with the tools and services needed to assure optimal care.
For more information about DermaRite, visit http://dermarite.com/