Los Angeles, CA (January 15, 2019) – Today, Avante Capital Partners, a women-owned private credit and structured equity fund, announced it has provided additional mezzanine debt to support Quest Products’ merger with OraHealth Corporation, a market leader in all-natural oral care products. Quest Products is a portfolio company of Promus Equity Partners.
With this merger, Quest Products, adds the OraCoat® brand of oral care products and its flagship product, XyliMelts®, a patented technology of non-acidic oral-adhering discs, to safely prevent dry mouth for hours, with each use. XyliMelts® employs patented technology backed by research and medical science to safely prevent dry mouth while the user sleeps via all-natural, non-acidic oral-adhering discs that slowly release safe ingredients.
“We’re excited to partner with Quest Products on its OraHealth merger which will help expand distribution and increase consumer awareness of OraHealth’s innovative consumer oral treatments and products,” said Ivelisse Simon, Managing Partner, Avante Capital Partners.
Steve Brown, a Partner at Promus Equity Partners added: “OraHealth and Quest Products are a highly complementary combination that add scale to help us better serve our stakeholders, introduce innovative new products, expand consumer access and grow awareness of our portfolio of brands including Clinere®, Alocane® and ProVent® globally.”
About Avante Capital Partners
Avante Capital Partners is a woman-owned private credit and structured equity fund headquartered in Los Angeles. Avante invests in high-quality, lower middle market businesses generating $3 million+ in cash flow in the form of unitranche debt, traditional mezzanine and minority equity.
About Promus Equity Partners
Promus Equity Partners is a private equity firm affiliated with Promus Holdings, a Chicago-based multi-family office. Promus targets healthy lower-middle-market companies with a strong value proposition and outstanding growth prospects. Promus team members are proven investors with wide-ranging experience over numerous economic cycles in a variety of industries.
OraHealth Corporation
OraHealth Corporation is the market leader in all-natural and non-acidic oral-adhering discs based upon its patented technology with slowly release ingredients in the mouth and are safe for use while sleeping. The OraCoat® brand represents a family of products to solve oral care problems by coating the mouth with safe ingredients that become effective when they are slowly released and its flagship product is XyliMelts® for Dry Mouth.
About Quest Products
Quest Products Inc. is an over the counter consumer packaged goods company. We supply #1 selling brands in First Aid, Ear Care, and medical condition Skin Care. Quest Products creates OTC healthcare brands, inspired by the power of self-care. We help people take charge of their health. Quest brands include Clinere®, Alocane®, ProVent®, AlcoHawk®, CopperFixx®, and XyliMelts®.