PRINCETON, N.J., March 13, 2018 /PRNewswire/ -- Dana Holdings, LLC (Dana) is pleased to announce that it has exited its investmentin Matrixx Initiatives, Inc. (Matrixx), a leading consumer healthcare business, which does business under the Zicam brand.
Dana's Managing Member Joe Falsetti commented, "In February 2011, Dana partnered with H.I.G
Falsetti added, "We are proud of the work we did in partnership with H.I.G and the management team, which delivered over 38 months of consecutive market share gains, and we are thrilled with the outcome of the investment. We look forward to the continued success of Matrixx and wish the new owners the best success."
About Dana Holdings:Dana Holdings is an independent sponsor with an established track record of identifying and creating value in the consumer healthcare sector. The Dana team has successfully partnered with strong management teams in the space to build consumer healthcare franchises that deliver leading products to consumers while creating substantial value for shareholders.
Contact: Dana Holdings, LLCJoe Falsetti, Managing Memberjfalsetti@danaholdings.com
View original content:http://www.prnewswire.com/news-releases/dana-holdings-announces-successful-exit-of-matrixx-initiatives-investment-300613342.html
SOURCE Dana Holdings, LLC
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