An affiliate of EW Healthcare Partners will acquire TherapeuticsMD, according to a news release.
TherapeuticsMD, based in Boca Raton, Fla., and traded on the NASDAQ under TXMD, develops and commercializes products exclusively for women. Founded in 1907, the company’s products have a therapeutic focus in family planning, reproductive health and menopause management.
EW Healthcare Partners, with U.S. offices in Houston, New York, and Palo Alto, Calif., is a private healthcare investment firms that seeks to make growth equity investments in commercial-stage companies. Founded in 1985, the firm targets investments in the pharmaceutical, medical device, diagnostics and technology-enabled services sectors in the United States and Europe.
The transaction implies an enterprise value for TherapeuticsMD of approximately $177 million.