Last week, Amulet Capital Partners, LP announced the acquisition of Remedy Health Media, a leading digital health platform serving patients, caregivers and healthcare providers through a family of trusted health information websites. Amulet acquired Remedy from Topspin Consumer Partners, a Mamaroneck, NY-based private equity firm that invests in established, profitable and fast-growing middle-market consumer businesses. Terms of the transaction were not disclosed.
Established in 1994, Remedy Health Media is the nation’s fastest-growing health information and technology company. The company produces, publishes and distributes inspiring, authentic and action-oriented digital content to patients and healthcare professionals through its portfolio of digital brands, including healthcentral.com, thebody.com and patientpower.info.
Founded in 2013, Amulet Capital Partners is a middle-market private equity investment firm based in Greenwich, CT. Amulet’s investment approach is value-oriented, focusing exclusively on the healthcare sector. Its target investment size is generally between $25 million to $150 million.
The acquisition of Remedy marks the third platform investment in Amulet Capital Partners Fund II, which closed out August with $650 million in capital commitments. With more than 40 years of private equity experience across its investment team, Amulet Capital now has over $1.3 billion in regulatory capital under management.
Houlihan Lokey served as the exclusive financial advisor to Remedy, and Latham & Watkins provided legal counseling to Amulet.
