OTTAWA, June 5, 2018 /CNW/ - WelchGroup Consulting, a subsidiary of Welch LLP, served as the financial advisor to Standard Innovation Corporation, the manufacturer of the world's number one vibrator for couples, We-Vibe®, in connection with the sale to Womanizer, Europe's leading manufacturer of intimate stimulation devices.
The combined entity will capitalize on their unique and respective strengths - including an extensive product portfolio, great innovations in technology, and a well-developed global distribution network, thus positioning them as a global powerhouse in the sexual wellness industry.
The terms of the transaction were not disclosed.
About Standard Innovation Corporation
Standard Innovation has built a family of sexual wellness products that are known around the world. Standard Innovation is a pioneer in the industry whose success has been founded on high-quality design, and dedication to body, and environmentally conscious materials and processes.
For more information, visit www.standardinnovation.com
About Womanizer Group Management GmbH
Womanizer develops and markets intimate stimulation devices. The company's range of intimate stimulation devices, manufactured through its touchless 'Pleasure Air' technology, enables women to choose from various state-of-the-art adult lifestyle products sold under the Womanizer brand.
For more information, visit www.womanizer.de
About WelchGroup Consulting Inc.
WelchGroup Consulting is a corporate finance and business advisory firm. For more information on WelchGroup Consulting, please contact Stephan May at [email protected] or visit http://w-group.com
SOURCE Welch LLP
For further information: Stephan May, [email protected], 613-236-9191