Bridges Consumer Healthcare LLC, a consumer healthcare company, and Charlesbank Capital Partners, have bought Clarion Brands LLC from Swander Pace Capital.

Swander Pace Capital partnered with the former management team of Insight Pharmaceuticals following its sale to Prestige Brands Holdings in 2014, and created Clarion, a consumer products company specializing in over-the-counter healthcare products and dietary supplements. Under the ownership of SPC, Clarion developed a product line of seven brands, including Florajen Probiotics, Lipo-Flavonoid and Certain Dri.

Sawaya Partners LLC served as exclusive financial advisor to Clarion and Swander Pace Capital, and Kirkland & Ellis LLP acted as legal counsel to Clarion and Swander Pace Capital.