Columbia West Capital News - Industry Deal Intelligence
05.15.13 CWC Q1 2013 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 ensure is included and credit attributed to appropriate advisors.   

M&A - Strategic

1/2/2013 Innophos, Inc. acquired certain business and assets of Triarco Industries, Inc. for an undisclosed amount. Innophos produces performance-critical and nutritional specialty ingredients and is based in Cranbury, New Jersey. Triarco Industries develops, manufactures, and supplies nutritional supplements and raw natural ingredients for wellness, health, and beauty industries and is based in Wayne, New Jersey. Cadwalader, Wickersham & Taft LLP served as legal advisor to Triarco Industries. Saul Ewing LLP served as legal advisor to Innophos. 

1/10/2013 Inergetics, Inc. (OTCPK:NRTI) acquired Bikini Ready andSlimTrim brands from Whole Products Group. The terms of the transaction were not disclosed. Inergetics engages in the research, development, and marketing of specialized nutritional supplements for various medical conditions and athletes seeking improved recovery and is based in Paramus, New Jersey. Bikini Ready and SlimTrim brands of Whole Products Group comprises two consumer weight management brands and are based in Highlands, New Jersey. 

1/24/2013 Plum Organics, Inc. acquired Plum Baby Limited from Darwin Private Equity LLP. The terms of the transaction were not disclosed. Plum Organics engages in the production of organic baby food products and is based in New York, New York. Jones Day Gouldens served as legal advisor to Plum Organics. 

1/31/2013 The FRS Company, LLC acquired Nutravail Technologies. The terms of the transaction were not disclosed. The FRS Company manufactures and distributes healthy energy drinks and is based in Torrance, California. Nutravail Technologies develops delivery systems for nutraceutical and pharmaceutical industries and is based in Chantilly, Virginia. Sheppard, Mullin, Richter & Hampton LLP served as legal advisor to The FRS Company. 

3/15/2013 Rhema Health Products Limited acquired Harmony Concepts, Inc.The terms of the transaction were not disclosed. Rhema Health Products provides dietary supplements, natural health products, over-the-counter pharmaceuticals, vitamins and minerals, botanicals, and other health products and is based in Coquitlam, Canada. Harmony Concepts is a NSF GMP certified custom manufacturing company for nutritional supplements, herbal blends and other dietary supplement products and is based in Ogden, Utah.

M&A - Financial

1/7/2013 Weld North LLC and Kohlberg Kravis Roberts & Co. (NYSE:KKR)acquired an additional 70% stake in Organic Avenue, LLC. The terms of the transaction were not disclosed. Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments and is based in Greenwich, Connecticut. Organic Avenue manufactures plant-based nutritional products. It offers smoothies, booster shots, coffee, fruit and veggie juices, coconut water, and almond/cashew/coconut milk and is based in New York, New York. Kramer Levin Naftalis & Frankel LLP served as legal advisor to Kohlberg Kravis Roberts & Co.  

1/28/2013 Private equity group Enterprise Investors has acquired Scitec Holding BV. The terms of the transaction were not disclosed. Scitec produces and sells a wide variety of sports nutrition products, primarily under the Scitec Nutrition® brand and is based in Orlando, Florida. White & Case, L.L.P. served as legal advisor to Enterprise Investors.

Private Placements

1/28/2013 Bariatrix Nutrition Corporation announced that it has received $12.9 million in funding from Canadian private equity group Caisse de Depot et Placement du Quebec. Bariatrix Nutrition manufactures and sells nutrition and weight management food products for non-surgical patients and post-bariatric surgery diets in North America and Europe and is based in South Burlington, Vermont. 

3/25/2013 Daily Juice Group, LLC announced that it has received $5.0 million in funding from private equity group Juice Investments LLC. Daily Juice provides organic juices, smoothies, cleanses, and living foods and is based in Austin, Texas.