Columbia West Capital News - Industry Deal Intelligence
09.04.14 CWC Q2 2014 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

4/3/2014 Vitargo Global Sciences LLC acquired Swecarb AB. The terms of the transaction were not disclosed. Vitargo Global is an evidence-based performance company that develops and markets nutrition products and is based in Dana Point, California. Swecarb, based in Sweden, produces Vitargo, a molecular carbohydrate for Olympic athletes, medical professionals, and people wanting to improve their health, fitness, and appearance. 

4/15/2014 LifeVantage Corporation (NasdaqCM:LFVN) acquired Wicked Fast Sports Nutrition Product Line. The terms of the transaction were not disclosed. LifeVantage, based in Sandy, Utah, identifies, researches, develops, and distributes nutraceutical dietary supplements and skin care products. Wicked Fast Sports manufactures a line of sports nutrition products including pre- and post-exercise, energy, and weight loss supplements and powdered drink mixes. 

4/22/2014 Productos Medix, S.A. de C.V. acquired 12 weight control centers in Florida and Texas from Medifast, Inc. (NYSE:MED). The terms of the transaction were not disclosed. Productos Medix, based in Mexico City, Mexico, develops and supplies pharmaceutical products for obesity, metabolism, central nervous system, and gastroenterology. Medifast, based in Owing Mills, Maryland, produces, distributes, and sells weight loss and weight management products and other consumable health and diet products. 

4/28/2014 The Hain Celestial Group, Inc. (NasdaqGS:HAIN) acquiredCharter Baking Company, Inc. from multiple parties for $61.3 million. Hain Celestial manufactures, markets, distributes, and sells organic and natural products and is based in Lake Success, New York. Charter Baking, based in Boulder, Colorado, produces and distributes organic and natural bread and baked goods.

4/28/2014 Youngevity Essential Life Sciences acquired the assets of Good Herbs, Inc. for $1.9 million. Youngevity, based in San Diego, California, develops and distributes health and nutrition-related products and services. Good Herbs produces and markets natural herbal supplements and is based in Troy, Michigan. 

4/29/2014 F.H.G. Corporation acquired CornerStone Research & Development, Inc. from Sun Capital Partners, Inc. and others. The terms of the transaction were not disclosed. F.H.G., dba Integrity Nutraceuticals, Inc., operates as a raw material supplier of bulk nutraceuticals. CornerStone, based in Ogden, Utah, manufacturers dietary supplements and offers capsules, tablets, and single-serve powder delivery systems. 

4/30/2014 An unknown buyer acquired a 58% stake of ARMA Energy, Inc. fromJohn B Sanfilippo & Son Inc. (NasdaqGS:JBSS). The terms of the transaction were not disclosed. ARMA Energy manufactures and sells energy drinks and snack products and is based in Carlsbad, California. 

5/15/2014 The Hillshire Brands Company (NYSE:HSH) acquired Van's International Foods, Inc. from Catterton Partners Corporation for $165.0 million. Hillshire manufactures and markets meat-centric food solutions and is based in Chicago, Illinois. Van's, dba Van's Natural Foods, manufactures and distributes breakfast and snack food products, including gluten-free varieties, and is based in Phoenix, Arizona. Stinson Leonard Street LLP served as legal advisor to Hillshire. Gibson, Dunn & Crutcher LLP served as legal advisor to Van's. 

6/2/2014 Peoplesway.com Inc. (OTCPK:PLWY) agreed to acquire Idea WebCatcher Holdings, Inc. The transaction has subsequently closed. The terms of the transaction were not disclosed. Peoplesway.com develops, markets, and sells wellness products and is based in Charlotte, North Carolina. Idea WebCatcher identifies, researches, incubates, and assists Web and cloud-based companies operationally and is based in Charlotte, North Carolina. 

6/6/2014 VS Hercules LLC, a subsidiary of Vitamin Shoppe, Inc., acquiredFDC Vitamins, LLC from multiple parties for $85.0 million. Vitamin Shoppe operates as a specialty retailer and direct marketer of nutritional products and is based in North Bergen, New Jersey. FDC Vitamins, dba Nutri-Force Nutrition, produces and distributes vitamins, minerals, herbs, and food supplements and is based in Miami, Florida. K&L Gates LLP served as legal advisor to VS Hercules. Holland & Knight LLP served as legal advisor to FDC Vitamins.

6/19/2014 IVC Industries, Inc. acquired Adam Nutrition, Inc. The terms of the transaction were not disclosed. IVC Industries, dba Inverness Medical Nutritionals Group, manufactures and distributes vitamins, nutritional supplements, and related health products and is based in Freehold, New Jersey. Adam Nutrition operates as a contract manufacturer of nutraceuticals and supplements and is based in Mira Loma, California.   

M&A - Financial

6/3/2014 Lion Capital LLP acquired a majority stake in N.V. Perricone M.D., Ltd. from TSG Consumer Partners. The terms of the transaction were not disclosed. Lion is a private equity firm specializing in buyout and control investments in middle market and mature businesses and is based in Los Angeles, California. N.V. Perricone, based in Meriden, Connecticut, provides anti-aging products, anti-inflammatory diets, skin care supplements, and acne treatments.

Private Placements

4/15/2014 Bio-Solutions Corp. (OTCPK:BISU) announced that it has received a round of funding from Capital Consulting, Inc. The terms of the transaction were not disclosed. Bio-Solutions focuses on the production and sale of dietary supplement and nutritional products and is based in San Antonio, Texas. Capital Consulting is a venture capital company specializing in growth capital and is based in Philadelphia, Pennsylvania.