Topix Pharmaceuticals, a provider of innovative therapeutic and cosmetic skin care products, has partnered with New Mountain Capital, a growth-oriented investment firm that currently manages over USD15 billion in assets.
Headquartered in Amityville, NY, Topix has developed, manufactured and marketed highly-innovative and clinically-validated topical skin care products for over 30 years. Recognised by physicians for the high quality of its products, Topix has best-in-class formulation capabilities and a proprietary product portfolio developed to meet the in-office dispensing needs of physicians and their patients.
Topix’s product portfolio addresses a wide array of skin health conditions and includes leading brands Replenix, Citrix, Glycolix and ReBrightalyze as well as customised, private label solutions for the professionally dispensed market. Topix uses its own state-of-the-art, GMP-compliant facilities to research, develop, manufacture and test its products to the highest quality standards.
New Mountain, a New York-based private equity firm, identified Topix through a proactive focus in the life sciences and aesthetics industries. New Mountain is providing Topix with significant financial and strategic resources to support future growth initiatives which include new product development and acquisitions.
“Topix is the high quality leader in its space, and we are excited to partner with the Topix team to support the next phase of growth,” says Andre Moura, managing director at New Mountain Capital. “We look forward to working closely with management to help the Company realise its full growth potential by investing in new products, new channel strategies, new technologies and acquisitions, while maintaining the high level of quality and customer service which have always been the hallmarks of Topix’s success.”
“New Mountain is the perfect partner to help Topix execute on its growth plans,” says Burt Shaffer, president and CEO of Topix. “New Mountain is known for its focus on business building, and Topix will have deep resources at its disposal to help us achieve our strategic growth objectives. We look forward to our partnership and the benefits it will yield for our customers and employees.”