Columbia West Capital News - Industry Deal Intelligence
01.24.12 CWC Q4 2011 Health and Wellness M&A and Financing Report


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

M&A - Strategic

10/12/2011 In conjunction with a $75.4 million round ofequity funding, Joint Juice, Inc. acquired Premier Nutrition, Inc. The terms ofthe transaction were not disclosed. Joint Juice produces drink mixes,supplement drinks, and supplements and is based in San Francisco, California.Premier Nutrition engages in the research, development, and production ofnutrition products and is based in Carlsbad, California. Greenberg Traurig, LLPserved as legal advisor to Premier Nutrition, Inc. Howard Rice NemerovskiCanady Falk & Rabkin, PC served as legal advisor to Joint Juice, Inc.

10/17/2011 ARIIX Holdings, LLC acquired TrivaniInternational, LLC. The terms of the transaction were not disclosed. ARIIX manufacturesnutritional supplements and was founded in Bountiful, Utah. Trivani offerspersonal care and nutritional products and is based in Springville, Utah.

10/19/2011 Ascendis Health (Pty) Limited acquired SportronInternational, Inc. for $32.5 million. Ascendis provides pharmaceutical andbeauty products and is based in South Africa. Sportron produces wellness,weight loss, and personal care products and is based in Melissa, Texas.

10/20/2011 LTS Nutraceuticals, Inc. entered into anagreement to acquire three companies from Jackson Wen: Biocalth International,Inc.; Giantceuticals, Inc.; and HerbSource Enterprises, Inc. As considerationfor the transaction, Jackson Wen received $5.0 million in restricted commonshares of LTS Nutraceuticals. Additionally, a potential earn-out of $12.5million will be paid dependent on future sales performance. LTS engages in thedevelopment and sale of nutritional products in the U.S. and Canada and isbased in Ft. Lauderdale, Florida. BioCalth manufactures nutritional products;Giantceutical manufactures and distributes nutraceutical products; andHerbSource manufactures and distributes botanical extracts and chemicals.Biocalth and Giantceutical are based in La Verne, California. HerbSource isbased in Rancho Cucamonga, California.

11/10/2011 RFI Ingredients, Inc. acquired The GraymorChemical Co, Inc. The terms of the transaction were not disclosed. RFI manufacturesingredients for food, functional food, and dietary supplement industries and isbased in Blauvelt, New York. Graymor distributes nutraceutical, pharmaceutical,and vitamin bulk ingredients and is based in Union, New Jersey.

11/28/2011 Phillip and Michael Satow acquired substantiallyall assets of Nutrition 21 Inc. out of bankruptcy for $7.3 million. Nutrition21 develops and markets proprietary and clinically-substantiated nutritionalsupplements. Nutrition 21 is based in Purchase, New York. Richards Kibbe &Orbe LLP served as legal advisor to Nutrition 21 Inc. Dornbush SchaefferStrogin & Venaglia, LLP and Herrick Feinstein LLP served as legal advisorsto Phillip and Michael Satow.

12/6/2011 Abattis Biologix Corporation entered into a letterof intent to acquire Nutra Research International Ltd. The terms of thetransaction were not disclosed. Abattis is a specialty biotechnology companythat engages in licensing, marketing, and formulating botanical, vitamin, andmineral products. It is based in Vancouver, Canada. Nutra Research manufacturesskin, anti-aging, detox, and special relief cream products. It is based inRichmond, Canada. Private Placements

10/27/2011 Prolacta Bioscience, Inc. announced that it willraise $15.0 million in an equity round. Prolacta Bioscience is a life sciencescompany that provides specialty formulations made from human milk fornutritional needs of premature and critically ill infants in neonatal intensivecare units. Prolacta is based in Monrovia, California.

11/4/2011 Muscle Pharm Corp. announced an equity purchaseagreement for gross proceeds of $10.0 million with Southridge Partners. MusclePharm engages in the development, manufacture, and marketing of nutritionalsupplements for athletes and is based in Denver, Colorado. Southridge is aprivate equity firm specializing in private placement transactions with smallpublic companies and is based in Ridgefield, Connecticut.

11/22/2011 Ideasphere, Inc. announced a round offunding for gross proceeds of $25.0 million. IdeaSphere provides natural andorganic vitamins and nutrients and is based in American Fork, Utah.