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Lindon – Palladin Consumer Retail Partners, LLC has acquired KT Health, LLC, a provider of kinesiology tape and related sports medicine products in the retail market.
KT Health, based in Lindon, UT, was formed in 2008 with the intent of empowering everyday athletes to prevent injury, recover faster and play harder.
KT Health will continue to be led by its founders, John Mackay, Jim Jenson, and Ryan Dewey. The founders and other shareholders will partner with Palladin by reinvesting a significant portion of their equity. Terms of the transaction were not disclosed.
John Mackay, CEO of KT Health, said, “We are excited to join forces with the Palladin team, who have tremendous experience in growing consumer brands.”
“We are delighted to partner with John, Jim, Ryan and the entire KT Health team to create the dominant player in the wider sports medicine products market,” said Mark Schwartz, CEO of Palladin.