Palladin Consumer Retail Partners Sells KT Tape to Charlesbank-backed Bridges Consumer Healthcare | PR Newswire [Video]

, /PRNewswire/ — KT Tape LLC (or “KT”), a portfolio company of Palladin Consumer Retail Partners, LLC (“Palladin” or “PCRP”), announced that it has been acquired by Bridges Consumer Healthcare, LLC (“Bridges”), which is backed by Charlesbank Capital Partners (“Charlesbank”), a middle market private investment firm.

Founded in 2008 by John MacKay, Ryan Dewey, Reed Quinn and Jim Jenson, KT Tape has been a pioneer in providing drug-free, innovative solutions to relieve pain and promote recovery. The company partnered with Palladin in 2014 and has earned high customer advocacy with products that appeal to all consumers from professional athletes to those seeking effective relief from everyday pain and soreness. The addition of KT to Bridges represents the next phase of growth for the brand, with additional investment in demand generation, product innovation and omnichannel distribution as part of the Bridges platform.

“Palladin has been a strong partner for KT, helping us diversify our products across …