timberland outlets uk Biohm Health secures strategic investment
New York based private equity firm Vanterra Capital has invested in Cleveland based Biohm Health, which describes itself as a microbiome company that launched earlier this year.
The parties did not disclose the size of the investment. According to a news release, the strategic investment “emphasizes the firm’s growing activity in the health and wellness sectors.” According to Vanterra’s website, it typically invests in lower middle market companies with transaction values between $20 million and $300 million.
“Vanterra’s investment in BIOHM Health underscores consumer demand for truly innovative products in the microbiome and digestive health space,” Biohm Health CEO Afif Ghannoum said in the release. “Vanterra has a keen understanding of the health wellness market and BIOHM Health is on the forefront of applying cutting edge microbiome research to consumer products. It’s a win win partnership.”
Biohm Health is based on the research of Dr. Mahmoud Ghannoum, which, according to the release, “lead to the critical discovery that bad bacteria and bad fungi work together to create digestive plaque.” Biohm said its product is the first probiotic engineered to breakdown digestive plaque while maintaning the balance of the gut’s total microbiome of bacteria and fungi.