Columbia West Capital News - Industry Deal Intelligence
12.09.16 CWC Q3 2016 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

7/8/2016 Konings NV acquired PepsiCo UK Juice Plant at Suffolk from Pepsico, Inc. (NYSE:PEP). The terms of the transaction were not disclosed. Konings engages in manufacturing, co-packing, and supplying beverages and is based in Zonhoven, Belgium. PepsiCo UK Juice Plant at Suffolk comprises juice producing operations and is located in the United Kingdom. PepsiCo operates as a food and beverage company worldwide and is based in Purchase, NY.    

7/29/2016 Bevolution Group acquired Dr. Smoothie Brands, Inc. The terms of the transaction were not disclosed. Bevolution Group, through its subsidiaries, produces shelf-stable and frozen beverage products and cocktail mixes and is based in Huntington Station, NY. Dr. Smoothie Brands produces and distributes specialty beverages, whole foods, supplements, nutrition bars, amino sports beverages, and collagen-based products and is based in Fullerton, CA.    

8/9/2016 Youngevity International, Inc. (OTCPK:YGYI) acquired assets of Renew Interests, LLC, which includes SOZO Global and Integris brands and products. The terms of the transaction were not disclosed. Youngevity develops and distributes health and nutrition-related products and services primarily through an independent direct selling network and is based in Chula Vista, CA. Renew manufactures and distributes nutritional supplements, skincare, and weight loss products and is based in the United States.

8/31/2016 Lifestyle Evolution Inc. acquired Promax Nutrition Bars from Promax Nutrition Corp. The terms of the transaction were not disclosed. Lifestyle manufactures and sells nutrition bars and is based in Oakmont, PA. Promax Nutrition Corp. produces fitness nutrition products and is based in Newport Beach, CA.                 

9/6/2016 Healthy Food Ingredients, LLC acquired Puretec International, Inc. The terms of the transaction were not disclosed. Healthy Food Ingredients, an import/export trading company, supplies non-GMO and organic ingredients in North America and is based in Fargo, ND. Puretec, doing business as Heartland Flax, produces flax and flax oil and is based in Valley City, ND.    

9/8/2016 Refresco Group N.V. (ENXTAM:RFRG) acquired Whitlock Packaging Corporation for $129.0 million. Refresco Group, together with subsidiaries, operates as a bottler of soft drinks and fruit juices serving retailers and branded customers in Europe and is based in in Rotterdam, the Netherlands. Whitlock Packaging operates as a non-carbonated contract beverage manufacturer in North America and is based in Tulsa, OK.    

9/13/2016 Lonza Group Ltd (SWX:LONN) acquired InterHealth Nutraceuticals, Inc. for approximately $300.0 million. Lonza supplies products and services to the pharmaceutical, biotech, and specialty ingredients markets worldwide and is based in Basel, Switzerland. InterHealth researches, develops, manufactures, markets, and distributes nutritional ingredients and is based in Benicia, CA. Kaye Scholer LLP served as legal advisor to Lonza Group.    

9/19/2016 Kellogg Company (NYSE:K) acquired a majority stake in Vita+ Naturprodukte Gmbh. The terms of the transaction were not disclosed. Kellogg manufactures and markets ready-to-eat cereal and convenience foods and is based in Battle Creek, MI. Vita+ Naturprodukte is a branded product company for organic foods in the dry goods segment and is based in Österreich, Austria.  

9/30/2016 Archer-Daniels-Midland Company (NYSE:ADM) acquired the assets of Caterina Foods LLC. The terms of the transaction were not disclosed. Archer-Daniels-Midland procures, transports, stores, processes, and merchandises agricultural commodities and products and is based in Chicago, IL. Caterina Foods operates a gluten free pasta processing facility and is based in Lake Bluff, IL.  

M&A - Financial

7/2/2016 Insignia Capital Group, LLC acquired New Century Snacks and Snak Club. The terms of the transaction were not disclosed. Insignia Capital is a private equity firm based in Walnut Creek, CA. New Century Snacks manufactures and packages dried fruits, trail mixes, and nuts and is based in Commerce, CA. Snak Club manufactures and distributes snack foods and is based in El Segundo, CA. Kirkland & Ellis LLP served as legal advisor to Insignia Capital.  

Private Placements

7/19/2016 New Wave Foods announced that it has received a seed round of funding led by New Crop Capital. The terms of the transaction were not disclosed. New Wave Foods produces plant-based seafood products and is based in San Leandro, CA. New Crop Capital is a venture capital firm based in Washington, D.C.    

7/19/2016 LifeAID Beverage Co. announced that it has secured funding from new investor KarpReilly, LLC. The terms of the transaction were not disclosed. LifeAID manufactures and markets supplement beverages and nutritional products for athletes and is based in Santa Cruz, CA. KarpReilly is a private equity firm based in Greenwich, CT.    

7/21/2016 Twinlab Consolidated Holdings, Inc. (OTCBB:TLCC) announced a private placement from Little Harbor, LLC and an existing investor for gross proceeds of $9.5 million. Twinlab, together with its subsidiaries, manufactures, markets, and distributes science-based nutritional supplements and other natural products worldwide and is based in Boca Raton, FL. Little Harbor is an investment firm and is based in Grand Rapids, MI. Wilk Auslander LLP served as legal advisor to Twinlab.    

7/22/2016 Kodiak Cakes, LLC announced that it received $16.5 million in a round of funding from three investors including new investor Sunrise Strategic Partners, LLC. Kodiak Cakes produces whole grain pancakes and mixes and is based in Park City, UT. Sunrise Strategic is a venture capital firm based in Boulder, CO.    

7/27/2016 Reliance Holding USA, Inc. acquired the remaining 5.18% stake in Aurora Algae, Inc. The terms of the transaction were not disclosed. Reliance Holding engages in production of natural gas and liquids from various shale deposits in the United States and is based in Houston, TX. Aurora Algae is engaged in the development and production of high-performance algae-based products for pharmaceutical, nutrition, aquaculture, and fuels markets and is based in Hayward, CA.    

9/8/2016 Blue Prairie Brands, Inc. announced that it has completed its $6.0 million Series A investment round of funding from S2G Ventures, DSM Venturing and other investors. Blue Prairie is a developer of functional foods and ingredients and is based in Charlottesville, VA. S2G Ventures is a venture capital firm based in Chicago, IL. DSM Venturing is a venture capital and private equity investment arm of DSM Innovation Center B.V. and is based in the Netherlands.    

9/20/2016 My Fit Foods Inc. announced that it has received an equity round of funding from new investor American Farm Bureau Federation, Endowment Arm. The terms of the transaction were not disclosed. My Fit Foods is a producer and retailer of nutritious meals and is based in Austin, TX. The Farm Bureau is a nonprofit organization governed by and representing farm and ranch families and is based in Washington, D.C.  

9/27/2016 WOW Nutrition Ltda announced that it will receive $40.0 million in funding from new investor International Finance Corporation. WOW Nutrition produces and markets juices, teas, sweeteners, diet and light products, and infant nutrition products and is based in Brazil. International Finance is a private equity and venture capital arm of World Bank and is based in Washington, D.C.