pH Partners Acts as Financial Advisor to FemTec Health on its Acquisition of Birchbox

Nov 18, 2021 | Press Release

Houston, TX, October 28, 2021, – pH Partners, LLC (“pHp”), a boutique healthcare investment bank, is pleased to announce that its client FemTec Health, Inc. (“FemTec”), has completed its acquisition of Birchbox. Birchbox is an online subscription-based beauty retailer. The terms of the deal were not disclosed.

FemTec Health is the founder of the AI and deep learning engine, BiomeAI™. The innovative engine is designed to translate consumer, genetic, microbiome, and biometric data to identify distinctive trends in a consumer’s health status to provide accurate actionable treatments. Pinpointing these trends allows FemTec Health to deliver its unique brand of personalized products and services to match the individuality of each woman. Commenting on the acquisition, Kimon Angelides, CEO of FemTec, told Forbes, “We will have gathered information so you don’t have to see thousands of products,” “We’ll make suggestions on the things that match your biology and match your life stage.”

His quote aligns with FemTec Health’s mission to revolutionize women’s healthcare by using state-of-the-art genomics, predictive intelligence, and digital technologies to create an experience that is unified, coordinated, and provides personalized services and products that are meaningful and effective for women. FemTec has accelerated growth and revenue by acquiring business that align thematically, maximize cross-selling, and are branded to create an integrated delivery system for women’s health.

pH Partners is a supporter of FemTec’s mission to leverage a technology-driven platform to serve and empower women. The combined companies will be well-positioned to define a new category in women’s health, wellness and personal care. We believe FemTec has developed a tech-enabled women’s self-care business that will lead women to demand more out of their health and wellness products.

pH Partners, LLC, a boutique healthcare investment bank, served as the Exclusive Financial Advisor to FemTec Health.

About FemTec Health
Founded in May 2020 by Dr. Kimon Angelides and publicly launched in October 2021, FemTec Health is a leading Health and Beauty Sciences Company focused on women’s health. Angelides has brought together a female-led team with decades of experience across healthcare, wellness, and consumer products in public and private companies. FemTec Health’s mission is to revolutionize women’s healthcare by using state-of-the-art genomics, predictive intelligence, and digital technologies to create an experience that is unified, coordinated, and provides personalized services and products that are meaningful and effective for women. With offices in Houston, New York, San Diego, London, Barcelona, Athens & Shanghai. FemTec Health currently has over 150 employees and is growing rapidly. Investors, capital and shareholders include Longmont Capital, Ltd and HellasMed, LLC (company principals), Walgreens, Trinity, Unilever Ventures. For more information, visit www.femtechealth.com.

About Birchbox
Founded in 2010, Birchbox redefined the way people discover and shop for beauty and grooming by pairing a monthly subscription of personalized samples with relevant content and a curated e-commerce shop. But Birchbox’s innovation wasn’t the simple concept of delivering a box of samples – it was understanding that although not everyone is passionate about beauty or grooming, everyone still deserves to have a great experience finding, trying and buying it. Engaging an overlooked, underserved consumer became the company’s secret weapon, and today it is more focused than ever on building a destination for people who aren’t obsessed with beauty and grooming. To learn more, visit www.birchbox.com

About pH Partners
pH Partners, LLC, is a boutique investment banking firm delivering capital formation, strategic partnership, and merger and acquisition services to companies at the convergence of Healthcare, Technology and the Consumer. The pH Partners team consists of senior-level executives with extensive backgrounds in investment banking, life sciences, medicine and operations, and have collectively closed over $20B in strategic advisory transactions, and have raised more $5B in capital for their clients. pH Partners is headquartered in Austin, Texas with offices in Houston, Portland and New York. To learn more, visit phpartners.com.

To read more, visit the press release here.

pH Partners’ transaction leads:
Benjamin Perkins
Managing Partner
Ben@phpartners.com

Erik Halvorsen, Ph.D.
Partner
Erik@phpartners.com