Ontario Teachers' Pension Plan and Swander Pace Capital close sale of Insight Pharmaceuticals

On September 3, 2014, Ontario Teachers' Pension Plan (Teachers') and partner Swander Pace Capital (SPC) finalized the sale of Insight Pharmaceuticals LLC (Insight) to Prestige Brands Holdings Inc. (Prestige) for US$750 million.

Insight is an over-the-counter products company that has a portfolio of nearly 30 brands, with a strong presence in women's health and personal care products.

Prestige markets and distributes brand name over-the-counter and household cleaning products throughout the U.S., Canada, Australia, and in select international markets.

Teachers' is the largest single-profession pension plan in Canada, with C$140.8 billion in net assets as of December 31, 2013.

SPC is a leading private equity firm specializing in investments in growth-oriented, middle-market consumer products companies in North America and the United Kingdom.

Further information can be found on Business Wire's website.