FOR IMMEDIATE RELEASE
JH Partners
Leads Recapitalization
of Barmensen Labs
SAN FRANCISCO, CA - August 22, 2006
JH partners, a San Francisco based private equity
firm focused on the consumer products and services industry, announced
it has acquired Barmensen Labs, a developer, distributor and marketer
of condition-specific lifestyle nutraceutical products under the
Barmensen, Maxoderm, Vazomyne and Connection brand names. Each of
Barmensen's products, whether in the fitness, skin care, sexual
health, or dietary categories, takes a unique approach to address
consumer needs, often through proprietary formulations or innovative
delivery methods. Barmensen branded products are sold nationwide
through select mass, drug and grocery retailers, direct-response
television, print, and radio and the Internet.
"We are thrilled to find a true partner in
the JH team and feel JH's experience growing leading brands, particularly
in direct response channels, will be invaluable. We believe together
we can accelerate Barmensen's growth and build sustainable leadership
positions in our categories" said Frank Barone, of Barmensen.
"The opportunity to partner with an emerging
market-leader in the exciting nutraceutical space, while leveraging
our deep multi-channel and direct response consumer experience,
is a strong fit with JH's investment strategy.We believe, together
with management, we can build Barmensen into a strong market leader
in the lifestyle nutraceutical space" said Pat Collins of JH
Partners.
Sanders Morris Harris acted as financial advisor
to Barmensen Inc. The terms of the transaction were not disclosed.
About JH Partners, LLC JH
Partners is a San Francisco based private equity firm focused on
investments in growth-oriented middle market consumer products and
services companies. The firm distinguishes itself among private
equity firms in that each of its principals has senior-level operating
experience building middle-market consumer related businesses. JH
Partners has been instrumental in aiding the growth of powerful
consumer brands, including Peet's Coffee & Tea, Bare Escentuals,
Performance Bicycle Shop, Bell Helmets, and Design Within Reach,
among others.
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