Consumer Products
BioFilm, Inc., Creator of Leading Sexual Wellness and Personal Care Brand, ASTROGLIDE®, has been Acquired by COMBE Inc.
Published June 27, 2023
SEATTLE, WASHINGTON – June 27, 2023 – CLA Meridian Capital (“CLA Meridian Capital”), a leading independent middle market investment bank and M&A advisory firm is pleased to announce that its client, BioFilm, Inc. (“BioFilm” or the “Company”), has been acquired by COMBE Inc. (“COMBE”). The plans for this acquisition were previously announced by CLA Meridian Capital on May 31, 2023.
CLA Meridian Capital served as the exclusive financial advisor to BioFilm on the transaction, while Maupin, Cox & LeGoy provided legal advisory services. CG Sawaya Partners LLC served as lead financial advisor to COMBE, while Fried, Frank, Harris, Shriver & Jacobson LLP provided legal advisory services.
The transaction represents continued momentum for CLA Meridian Capital’s Consumer practice, particularly within its personal care, wellness, and intimacy categories. Other recent transactions include:
• Good Clean Love Receives Growth Equity from Corbel Capital Partners
For more information, please contact:
Managing Principal of Investment Banking
About CLA Meridian Capital
CLA Meridian Capital is the investment banking division of CliftonLarsonAllen (CLA) Wealth Advisors, LLC, an SEC registered investment advisor and broker dealer, member FINRA/SIPC. With 30+ years of middle-market M&A and financial advisory experience, $22 billion in total transaction value, and deep industry knowledge across the Consumer, Industrials, and Technology sectors, CLA Meridian Capital helps our clients preserve the value they’ve built and the legacies they leave behind.
