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Palladin Consumer Retail Partners buys sports medicine company KT Health

24 Jan 2014

Consumer-focused private equity firm Palladin Consumer Retail Partners has acquired KT Health, a producer of kinesiology tape and related sports medicine products.

KT Tape is used to prevent injury, reduce pain, promote recovery, and maximize comfort. It is the most widely distributed kinesiology tape brand in the U.S., sold in 22,000 retail outlets, as well as through clinicians, online retailers, and the company’s own e-commerce site, kttape.com.

KT Health, based in Lindon, UT, was formed in 2008 by its founders, John Mackay, Jim Jenson, and Ryan Dewey, who will continue to lead the company. The founders and other shareholders will partner with Palladin by reinvesting a “significant portion” of their equity, the company said.

Palladin’s support will enable KT Health to expand its market presence, product range, and opportunities in the sports medicine category.

Palladin Consumer Retail Partners, previously known as Palladin Capital Group, is investing out of its current fund which was closed in April 2012. Current and former investments include InMotion Entertainment, Nic + Zoe, J. McLaughlin, Things Remembered, Restoration Hardware, Andrew Marc, Party America, and Spencer Gifts.

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