BGL Client Bravo Wellness grabs $22 mln from ABS Capital – Reuters PE HUB

Bravo Wellness, a provider of wellness programs, said Tuesday that it has raised $22 million in Series A funding from ABS Capital Partners. According to the firm, the capital infusion will be used to expand Bravo’s sales and marketing initiatives. In addition to the funding, ABS Capital Partners Managing General Partner John Stobo has been named to Bravo’s board of directors while general partner Mark Anderson will be an observer. Brown Gibbons Lang & Company was the placement agent.