Promus Equity Partners Announces Investment in Quest Products LLC
Chicago, Illinois, March 5, 2018 – Promus Equity Partners is pleased to announce the completion of a majority equity investment in Quest Products LLC alongside Quest’s management team. In conjunction with the acquisition, Quest acquired Clinere Products, LLC, and its line of leading consumer ear-cleaning products.
Based in Pleasant Prairie, Wisc., Quest provides branded consumer packaged goods and e-commerce services. It owns or controls four leading brands and multiple new, emerging products in the over-the-counter health care space. Mike Brennan, Mark McGreevy, Mark Milliman and Don Ryan lead Quest.
“The Quest management team has built a very impressive company, and we are honored to be part of the next stage of the company’s growth,” said Promus Partner Steve Brown. “We are eager to get to work to help build the company’s brands.”
Capstone Headwaters advised Quest Products in the transaction, while Hinshaw & Culbertson provided legal representation. Reinhart Boerner Van Deuren provided legal counsel to Promus.
For more information on this acquisition, please contact Steve Brown and Anders Rosenquist.
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