Columbia West Capital News - Industry Deal Intelligence
11.06.12 CWC Q3 2012 Health and Wellness M&A and Financing Report


This report is prepared as a courtesy to the Health and Wellness business community by Columbia West Capital based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to assure is included and credit attributed to appropriate advisors.   

M&A - Strategic

7/1/2012 Full Motion Beverage, Inc. signed a letter of intent to acquire GX Supplements from WM Holdings, LLC. The terms of the transaction were not disclosed. Full Motion Beverage, a diversified beverage company, owns, develops, markets, and distributes various non-alcoholic beverage products and brands in the United States, and is based in Plainview, New York. GX Supplements engages in the production of dietary supplements for athletic performance enhancement, weight loss, improved workouts, and recovery, and is based in Milford, Connecticut. 

7/1/2012 The Jel Sert Company has acquired the Super C, Pure Kick andZoic functional beverage brands from Solis Brands Inc. The terms of the transaction were not disclosed. Jel Sert manufactures freezer bars, powdered soft drinks, and dessert mixes, and is based in West Chicago, Illinois. Solis engages in the development and commercialization of healthy and nutritious foods and beverages for consumers, and is based in Altamonte Springs, Florida. 

7/17/2012  Innophos, Inc. acquired AMT Labs, Inc. from Sen-Maw Fang, Bing L. Fang, Oliver L. Fang, and other investors for $20.0 million. Innophos produces performance-critical and nutritional specialty ingredients, and is based in Cranbury, New Jersey. AMT Labs manufactures custom products for nutraceuticals, custom formulation and granulation, sport supplement, beverage fortification, food fortification, and vitamin and mineral formulation industries, and is based in North Salt Lake, Utah. Saul Ewing LLP served as the legal advisor to Innophos. 

8/2/2012 Wellness Center USA, Inc. signed an agreement to acquire CNS Wellness, LLC for $14.2 million in stock. Wellness Center USA, a development stage company, focuses on the manufacture, distribution, and marketing of sports and nutrition supplements, and is based in Schaumburg, Illinois. CNS Wellness provides cognitive neurosciences services, and is based in Tampa, Florida. 

8/3/2012 Trivita, Inc. agreed to acquire Amazon Herb Co. The terms of the transaction were not disclosed. Trivita produces and sells vitamins, supplements, health drinks, and weight loss products in the United States, and is based in Scottsdale, Arizona. Amazon Herb manufactures and distributes nutrition and organic skin care products, and is based in Jupiter, Florida. 

8/6/2012 Campbell Investment Company entered into an agreement to acquire Wm. Bolthouse Farms, Inc. from Madison Dearborn Partners, LLC and others for $1.6 billion in cash. Campbell Soup, together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide, and is based in Camden, New Jersey. Wm. Bolthouse Farms farms and produces carrots. The company also offers beverages, such as juices, smoothies, and protein shakes; and yogurt dressings and olive oil vinaigrettes, and is based in Bakersfield, California. 

8/22/2012 Sunwin Stevia International, Inc. (OTCPK:SUWN) entered into an exchange agreement to acquire remaining 45% stake in Sunwin USA, LLCfrom WILD Flavors, Inc. for $1.6 million in cash and stock. Sunwin Stevia International produces and sells stevioside, a natural sweetener primarily in the People's Republic of China, and is based in Qufu, China. Sunwin USA produces and sells sweeteners, and is based in Frisco, Texas. 

8/22/2012 Hain Frozen Foods UK Limited entered into an agreement to acquire Histon Sweet Spreads Limited from Premier Foods Group Limited for $315.9 million. Hain Frozen Foods operates as a subsidiary of The Hain Celestial Group, Inc. which, together with its subsidiaries, manufactures, markets, distributes, and sells natural and organic products, and is based in Melville, NY. Histon Sweet Spreads operates as a subsidiary of Premier Foods Group Limited which produces ambient and chilled food products for customers in the United Kingdom and Ireland, and is based in Midlothian, United Kingdom. 

8/28/2012 EnerBrite Technologies Group, Inc. (OTCPK:ETGG) acquired SBSI Nutraceuticals Inc. The terms of the transaction were not disclosed. Enerbrite Technologies Group produces and distributes wellness, anti-aging, and hormone replacement therapy (HRT) products, and is based in Holbrook, New York. SBSI Nutraceuticals offers immune boosters, nutraceuticals, and supplements for liver health and reducing bad cholesterol levels, and is based in Holbrook, New York. 

9/18/2012 Naturex, Inc. acquired Decas Botanical Synergies Inc. The terms of the transaction were not disclosed. Naturex develops, manufactures, and markets plant extracts with flavoring, coloring, antioxidant, and nutraceutical properties, and is based in South Hackensack, New Jersey. Decas Botanical Synergies develops, manufactures, and markets fruit derived ingredients for the dietary supplement, functional foods, animal feed and nutrition, personal care and cosmetics, and oral health industries, and is based in Carver, Massachusetts. Orrick, Herrington & Sutcliffe LLP served as the legal advisor to Naturex. 

9/30/2012 MOM Brands has acquired Naturally Nora. The terms of the transaction were not disclosed. MOM Brands produces and sells cereal products in the United States, and is based in Minneapolis, Minnesota. Naturally Nora is a maker of natural cake, frosting, brownie and cookie mixes, and is based in Princeton, New Jersey. 

9/30/2012 TSI Group has finalized the purchase of Yessamin Health Company, Ltd. The terms of the transaction were not disclosed. TSI Group is a vertically-integrated manufacturer of proprietary ingredients, intermediates and finished dosage forms for humans and animals, and is based in Missoula, Montana. Yessamin is a contract manufacturer of packaging, tablets, gelatin and vegetarian capsules, and softgels for dietary supplements, primarily serving Scandinavian markets, in addition to China, and is based in the Jiangsu Province of China. 

9/30/2012 Church & Dwight Co. Inc. entered into a stock purchase agreement to acquire Avid Health, Inc. for $650.0 million in cash. Church & Dwight Co. together with its subsidiaries, develops, manufactures, and markets a range of household, personal care, and specialty products under various brand names in the United States and internationally, and is based in Princeton, New Jersey. Avid Health offers nutritional supplements and vitamins, and is based in Vancouver, Washington. 

Private Placements  

7/26/2012 Mycell Technologies LLC has closed an institutional non-controlling minority investment of $10.0 million. Terms and the identity of the investor were not disclosed. Mycell Technologies, an ingredients and technology company, develops liquid formulation of stable, highly concentrated Omega-3s for use in food, beverage, medical, and nutritional products, and is based in Paramus, New Jersey.   

8/16/2012 Flavours, Inc. announced that it has raised an equity round of funding from new investor Excellere Partners. The terms of the transaction were not disclosed. Flavours develops functional nutritional products and beverages and is based in Yorba Linda, California. Excellere Partners specializes in buyouts, later stage, mature, and middle market investments, and is based in Denver, Colorado.   

9/10/2012 KeVita, Inc. announced that it has received series B round of funding led by new investor KarpReilly LLC. The terms of the transaction were not disclosed. KeVita produces and markets coconut-based organic probiotic drinks, and is based in Ventura, California. KarpReilly is a private equity firm specializing in management buyouts, acquisition financing, recapitalizations, and growth capital investments, and is based in Greenwich, Connecticut.   

9/13/2012 SIPP Eco Beverage Co. Inc., has closed on a Series A financing round from Emil Capital Partners. The terms of the transaction were not disclosed. SIPP Eco Beverage Co. is a maker of organic sparkling drinks whose beverages contain organic ingredients sweetened with agave nectar, and is based in Philadelphia, Pennsylvannia. Emil Capital Partners is a principal investing family office based in Greenwich, Connecticut.