CW Q2 2021 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 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
4/5/2021 Kemin Industries, Inc. acquired Proteus Industries, Inc. The terms of the transaction were not disclosed. Proteus is a food technology and ingredient company based in Gloucester, MA. Kemin is a global ingredient manufacturer based in Des Moines, IA.
4/6/2021 IA Distribution Ltd. acquired Inner Armour Sports Nutrition. The terms of the transaction were not disclosed. Inner Armour produces and sells nutritional supplements for athletes and is based in Las Vegas, NV. IA imports, exports, consolidates, distributes, and supplies groceries, toiletries, pet food, and frozen and chilled food products and is based in Mansfield, United Kingdom.
4/12/2021 The Procter & Gamble Company (NYSE:PG) acquired VitaminHaus Pty Ltd. The terms of the transaction were not disclosed. Vitaminhaus, trading as VÖOST, manufactures and sells vitamins and minerals in effervescent form and is based in Malvern, Australia. Procter & Gamble provides branded consumer packaged goods to consumers and is based in Cincinnati, OH. Jones Day served as legal advisor to Procter & Gamble.
4/7/2021 FitLife Brands, Inc. (OTCPK:FTLF) acquired substantially all of the assets of Nutrology. The terms of the transaction were not disclosed. Nutrology provides all-natural and plant-based nutritional supplements and is based in West Berlin, NJ. FitLife provides nutritional supplements and is based in Omaha, NE.
4/13/2021 LIFEAID Beverage Company, LLC acquired Fit Trendz Pty Ltd. The terms of the transaction were not disclosed. Fit Trendz distributes sports and health and wellness products in Australia and New Zealand and is based in Perth, Australia. LIFEAID manufactures and sells supplemental nutrition products packaged in beverage cans and is based in Santa Cruz, CA.
4/15/2021 SunOpta Inc. (TSX:SOY) acquired the Dream® and WestSoy® plant-based beverage brands from The Hain Celestial Group, Inc. for $33.0 million. SunOpta manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodservice distributors, branded food companies, and food manufacturers worldwide and is based in Mississauga, Canada. Hain manufactures, markets, and sells organic and natural products and is based in Lake Success, NY.
4/16/2021 Jeunesse Global, LLC acquired VERWAY World S.L.U. The terms of the transaction were not disclosed. VERWAY manufactures skin care, health and fitness, and home living products and is based in Calvià, Spain. Jeunesse develops and sells skincare products and supplements worldwide and is based in Altamonte Springs, FL.
5/3/2021 Laird Superfood, Inc. (NYSEAM:LSF) acquired Picky Bars, LLC for $12.0 million. Picky Bars manufactures and sells energy bars and is based in Bend, OR. Laird manufactures and markets plant-based natural and functional food and is based in Sisters, OR. Hogan Lovells US LLP served as legal advisor to Laird.
5/5/2021 Boosted Ecommerce Inc. acquired Asterwood Naturals. The terms of the transaction were not disclosed. Asterwood manufactures and sells anti-aging serums online and is based in Los Angeles, CA. Boosted Ecommerce buys, manages, and grows e-commerce consumer packaged third-party sellers on Amazon and Shopify and is based in Los Angeles, CA.
5/10/2021 PlantX Life Inc. (CNSX:VEGA) acquired Little West LLC. The terms of the transaction were not disclosed. Little West manufactures and sells cold-pressed juices and is based in Los Angeles, CA. PlantX operates as an e-commerce company that offers plant-based products in Canada, the United States, the United Kingdom, and Germany and is based in West Vancouver, Canada.
5/14/2021 Tattooed Chef, Inc. (NasdaqCM:TTCF) agreed to acquire Food of New Mexico Distributors, Inc. for $25.8 million and Karsten Tortilla Factory, LLC for $8.1 million. Food of New Mexico Distributors produces and sells ready to eat New Mexican food products for retail and food service customers and is based in Albuquerque, NM. Karsten produces food items and is based in Albuquerque, NM. Tattooed Chef, a plant-based food company, produces and sells a portfolio of frozen foods and is based in Paramount, CA. Hurley Toevs Styles Hamblin & Panter, P.A. served as legal advisor to Food of New Mexico Distributors and Karsten Tortilla Factory. Rutan & Tucker served as legal advisor to Tattooed Chef.
5/17/2021 Olam Food Ingredients (OFI) acquired Olde Thompson Inc. for $950.0 million. Olde Thompson offers private label and branded salt, pepper, spices, organics, innovative blends, and housewares items and is based in Oxnard, CA. OFI is a new operating group of Singapore-based Olam International (SGX: 032), a global food and agri-business, and offers sustainable, natural, value-added food and beverage ingredients and solutions consisting of cocoa, coffee, nuts, spices and dairy. Weil, Gotshal & Manges LLP served as legal advisor to Olde Thompson. Davis Polk & Wardwell LLP served as legal advisor to OFI.
5/25/2021 Thorne HealthTech acquired an unknown majority stake in Drawbridge Health, Inc. The terms of the transaction were not disclosed. Drawbridge develops a medical device that enables doctor’s offices and clinics to collect blood samples for testing on site and is based in San Diego, CA. Thorne develops and manufactures dietary supplements for medical practitioners, athletes, and consumers and is based in New York City, NY.
5/29/2021 Saputo Inc. (TSX:SAP) acquired the Reedsburg facility of Wisconsin Specialty Protein, LLC. In a separate transaction, Saputo acquired Bute Island Foods Ltd. The combined consideration of both transactions is approximately $154.8 million. Wisconsin Specialty Protein produces organic cow, hormone-free cow, and goat whey protein products and is based in Madison, WI. Its Reedsburg facility manufactures goat whey, organic lactose and other dairy powders. Bute is a manufacturer, marketer and distributor of dairy alternative cheese products for the retail and foodservice market segments under its vegan Sheese brand and private label brands and is based in Isle of Bute, Scotland. Saputo, through its subsidiaries, produces, markets, and distributes a variety of dairy and nutritional products and is based in Montréal, Canada.
6/1/2021 Guardion Health Sciences, Inc. (NasdaqCM:GHSI) acquired Activ Nutritional, LLC for $26.0 million. Activ manufactures and sells the Viactiv® line of supplement chews for bone, immune, and digestive health and other applications and is based in Greenwich, CT. Guardion is a clinical nutrition and diagnostics company that develops clinically supported nutrition, medical foods, supplements and medical devices and is based in San Diego, CA. Sheppard, Mullin, Richter & Hampton LLP served as legal advisor to Guardion.
6/1/2021 The Hawaiian Islands Trading Company LLC acquired Kona Sea Salt. The terms of the transaction were not disclosed. Kona is a salt farm that produces and sells Hawaiian sea salt hand-harvested from mineral-rich deep ocean waters and is based in Kailua-Kona, HI. The Hawaiian Islands Trading Company manufactures and sells deep ocean mineral products and sea salts flavored with locally grown ingredients and is based in Honolulu, HI.
6/3/2021 Valeda Rx, LLC acquired Life Boost, Inc., dba Tespo. The terms of the transaction were not disclosed. The name of the new combined entity is Perigon Health 360, LLC and includes three divisions: Tespo Vitamins, Baritastic, and Perigon Pharmacy 360. Tespo manufactures vitamins for men, women, and children and is based in Plymouth, MI. Valeda is an independent comprehensive specialty pharmacy based in Pittsburgh, PA.
6/8/2021 Innovations in Nutrition and Wellness (INW) acquired Capstone Nutrition, LLC. The terms of the transaction were not disclosed. Capstone develops and manufactures science-based nutrition products and is based in Ogden, UT. INW manufactures and sells nutrition and wellness products and is based in Carrollton, TX. Kirkland & Ellis LLP and Fredrikson & Byron P.A. served as legal advisors to Capstone. Weil, Gotshal & Manges LLP served as legal advisor to INW.
6/17/2021 Acumen Health Holdings, LLC acquired Eye Love, LLC. The terms of the transaction were not disclosed. Eye Love manufactures and sells eye care products for patients with dry or irritated eyes and is based in Columbia, SC. Acumen, through its subsidiaries, manufactures and markets condition-specific nutritional supplements and is based in Blue Bell, PA.
6/21/2021 Brand Holdings, LLC acquired Healthy Skoop. The terms of the transaction were not disclosed. Healthy Skoop manufactures and sells plant-based protein powders and is based in Pittsburgh, PA. Backed by Kidd & Co and T-street Capital, Brand Holdings operates the Dr. Emil Nutrition and Simple Botanics brands and is focused on acquiring DTC e-commerce companies in the areas of health and wellness, sports nutrition, beauty and functional foods, and other categories and is based in Pittsburgh, PA.
6/22/2021 Upon A Farm LLC acquired Frozen Harvest Intelligence, Inc., dba Raised Real. The terms of the transaction were not disclosed. Raised Real offers pre-portioned, packed meals of whole fruits and veggies for babies and is based in San Francisco, CA. Upon A Farm produces cold-pressed and organic baby products and is based in Berkeley, CA.
6/24/2021 Novo Healthnet Limited acquired Acenzia Inc. for $14.9 million. Acenzia develops and manufactures supplements and natural health products, including powders, sports drinks, functional food, probiotics, and other therapeutics, and is based in Tecumseh, Canada. Novo provides multi-disciplinary primary healthcare to patients through its corporate owned clinics and a contracted network of affiliate clinics and eldercare-centric homes across Canada and is based in Woodbridge, Canada. Anthony L.G., PLLC served as legal advisor to Novo.
6/25/2021 The Hershey Company (NYSE:HSY) acquired Lily's Sweets, LLC for $425.0 million. Lily's manufactures botanically sweetened chocolates made with non-GMO and gluten-free ingredients harvested through fair trade practices and is based in Boulder, CO. Winston & Strawn LLP served as legal advisor to Lily's. Gibson, Dunn & Crutcher LLP served as legal advisor to Hershey.
M&A - Financial
4/5/2021 Blue Road Management, L.P. acquired Natural American Foods, Inc., dba Sweet Harvest Foods, for $102.0 million. Sweet Harvest offers natural sweeteners such as honey, molasses, and agave and is based in Cannon Falls, MN. Blue Road is a private equity firm based in New York, NY. Allen & Overy LLP served as legal advisor to Blue Road.
4/13/2021 Five V Capital announced that it recently acquired Hammer & Tuffy's Granola, LLC. The terms of the transaction were not disclosed. Hammer & Tuffy's produces and sells hand roasted granola and is based in Portland, OR. Five V Capital is a private equity firm based in Woollahra, Australia.
5/4/2021 Butterfly Equity LP and British Columbia Investment Management Corporation (BCIMC) acquired an unknown majority stake in Pete and Gerry's Organics, LLC. The terms of the transaction were not disclosed. Pete and Gerry's produces organic eggs and is based in Lebanon, NH. Butterfly Equity is a private equity firm based in Beverly Hills, CA. BCIMC is a privately owned investment manager based in Victoria, British Columbia. Goodwin Procter LLP served as legal advisor to Pete and Gerry's. Kirkland & Ellis LLP served as legal advisor to Butterfly Equity and British Columbia.
5/5/2021 The Stage Fund acquired Haystack Mountain Creamery. The terms of the transaction were not disclosed. Haystack produces and markets goat and raw milk cheeses and is based in Longmont, CO. The Stage Fund is a venture capital and private equity firm based in Denver, CO.
5/25/2021 L Catterton Partners acquired an unknown majority stake in Kodiak Cakes, LLC. The terms of the transaction were not disclosed. Kodiak produces whole grain pancakes and mixes and is based in Park City, UT. L Catterton is a private equity and venture capital firm based in Greenwich, CT.
5/25/2021 Swander Pace Capital along with Branch Brook Holdings, LLC, Jefferson Capital Partners and United Natural Foods, Inc., ESOP acquired Man Cave Foods, LLC, dba Mighty Spark Food Co. The terms of the transaction were not disclosed. Mighty Spark manufactures and sells all-natural chicken protein snack sticks and chicken and turkey meat cuts and patties that are antibiotic and hormone free, gluten free and soy free and is based in Minneapolis, MN. Swander Pace is a private equity firm based in San Francisco, CA. Branch Brook is a principal investment firm based in Bedminster, NJ. Jefferson Capital is a private equity and small business investment company is based in Mandeville, LA. United Natural is a privately owned investment manager based in Dayville, CT.
6/3/2021 Incline Management, L.P. acquired Starwest Botanicals, Inc. The terms of the transaction were not disclosed. Starwest manufactures, processes, and supplies botanicals, herbs, spices, and dietary supplements and is based in Rancho Cordova, CA. Incline is a private equity firm based in Pittsburgh, PA.
6/21/2021 Arable Capital Partners, LLC and the Dorsing family acquired Royal Ridge Fruit & Cold Storage, LLC. The terms of the transaction were not disclosed. Royal Ridge is a grower and processor of organic and conventional tart and sweet cherries, apples, blueberries and other assorted dried fruit and is based in Royal City, WA. Arable is a private equity firm based in Bellevue, WA.
Private Placements
4/6/2021 Sundose announced that it has received $6.0 million in Series A funding from Atmos Ventures, DX Ventures, and other investors. Sundose produces personalized diet supplements and is based in Lublin, Poland. Atmos is a venture capital firm based in Palo Alto, CA. DX Ventures is a fund managed by Delivery Hero SE, Investment Arm, and is based in Berlin, Germany.
4/7/2021 Mission Barns, Inc. announced that it has received $24.0 million in an equity round of funding from Lever VC, Humboldt Fund, Green Monday Ventures L.P. (GMV), and other investors. Mission Barns is a cellular agriculture company that cultivates animal fat and meat without raising and slaughtering animals and is based in Berkeley, CA. Lever is a venture capital firm based in Brooklyn, NY. Humboldt is a principal investment firm based in New York, NY. GMV is a venture capital arm of Green Monday Group specializing in investments in sustainability and healthy living and is based in Kowloon Bay, Hong Kong.
4/15/2021 Atlast Food Co. announced that it has received $40.0 million in a round of funding led by Viking Global Investors LP with participation from Stray Dog Capital, Footprint Coalition Ventures, and other investors including the leaders and founders of food and CPG companies Applegate, Stonyfield, and Whole Foods. Atlast is a food technology company whose platform uses mycelium to grow nutrient-rich fibers that replicate the textures and mouthfeel of meat and is based in Albany, NY. Viking is a privately owned hedge fund sponsor and is based in Greenwich, CT. Stray Dog is a private equity and venture capital firm based in Leawood, KS. Footprint is a venture capital firm founded by Robert Downey Jr. to accelerate groundbreaking technologies that are addressing the world's largest environmental challenges and is based in Beverly Hills, CA.
4/20/2021 Redcon1, LLC announced that it has received a round of funding from new investor Trivest Partners, L.P. Redcon1 operates as a sports supplement company and is based in Boca Raton, FL. Trivest is a private equity and venture capital firm based in Coral Gables, FL.
4/21/2021 Multiply Labs, Inc. announced that it has received $25.0 million in its Series A round of funding from Casdin Capital, LLC, Lux Capital Management, LLC, Garage Capital, and other investors. Multiply Labs develops personalized capsules that contain various supplements to release in the body at the right time and is based in San Francisco, CA. Casdin is a principal investment firm based in New York, NY. Lux is a venture capital firm based in New York, NY. Garage Capital is a venture capital firm based in Waterloo, Canada.
4/26/2021 Orbillion Bio, Inc. announced that it has raised $5.0 million in a round of funding with participation from At One Ventures, Metaplanet Holdings OÜ, FoundersX Fund, and other investors. Orbillion is a food-tech company that develops cultured meat products using a small tissue sample from heritage cattle breeds and is based in Fremont, CA. At One is a venture capital firm based in San Francisco, CA. Metaplanet is an investment firm based in Tallinn, Estonia. FoundersX is a venture capital firm based in San Francisco, CA.
5/4/2021 Copper Cow Coffee, Inc. announced that it has received $8.5 million in funding co-led by new investors Cultivian Sandbox Ventures, LP and Arborview Capital LLC. Copper Cow offers sustainably-made pour-over Vietnamese coffees, teas and creamers and is based in Los Angeles, CA. Cultivian is a venture capital firm based in Chicago, IL. Arborview is a private equity and venture capital firm based in Chevy Chase, MD.
5/6/2021 Rowdy Beverage, Inc. announced that it has received $13.0 million in a round of funding from 40 investors including CircleUp Network, Inc., Kraft Group LLC, Marcus Lemonis, Scott Borchetta, Michael Rubin and others. Rowdy is the better-for-you energy drink brand created by 2x NASCAR Cup Champion Kyle Busch and beverage entrepreneur Jeff Church and is based in Mooresville, NC. CircleUp operates an equity crowdfunding platform and is based in San Francisco, CA. Kraft Group is a holding company with interests concentrated in paper/packaging manufacturing and forest products distribution, sports & entertainment, real estate development, private equity investing, and philanthropy and is based in Foxborough, MA.
5/11/2021 Gem Health, Inc. announced that it has received $10.5 million in funding from 37 investors including new investor Pat Robinson from CircleUp, Collaborative Fund, S2G Ventures, and Pentland Ventures Ltd. Gem manufactures and sells plant-based multi-vitamin supplements for wellbeing and stress relief for women and is based in Venice, CA. Collaborative Fund is a private equity and venture capital firm based in New York, NY. S2G is a venture capital firm based in Chicago, IL. Pentland is a venture capital firm based in London, United Kingdom.
5/12/2021 Edifice Health, Inc. announced that it will receive $13.9 million in funding. As of 4/22/2021, Edifice announced that it has received $12.0 million in its first tranche led by new investor Leaps by Bayer. Edifice offers a metric inflammatory health test to measure and improve inflammatory health to reach optimal immune health and is based in San Mateo, CA. Leaps by Bayer is a venture capital arm of Bayer Aktiengesellschaft and is based in Leverkusen, Germany.
5/14/2021 Athena Club Holdings, Inc. announced that it has received $15.0 million in funding from 11 investors. Athena manufactures and sells body care and wellness products and is based in New York, NY.
5/17/2021 Sambazon, Inc. announced that it has received $45.0 million in funding from a single investor. Sambazon produces and sells organic acai products and is based in San Clemente, CA.
5/18/2021 GOOD Meat, a division of Eat Just, Inc., announced that it has received $170.0 million in a round of funding from Graphene Ventures, K3 Ventures Pte Ltd, funds managed by UBS O’Connor LLC, and other investors. GOOD Meat produces meat from animal cells instead of slaughtered livestock and is based in San Francisco with facilities in Singapore and Minnesota. Graphene is a venture capital firm is based in Palo Alto, CA. K3 is a venture capital arm of The Kuok Group and is based in Singapore. UBS O’Connor is a privately owned hedge fund sponsor and is based in Chicago, IL.
5/18/2021 Daring Foods Inc. announced that it has received $40.0 million in its Series B round of funding led by new investor D1 Capital Partners L.P. with participation from rapper superstar Drake, returning investors Maveron LLC, and Palm Tree Crew Investments. Daring Foods engages in the production of plant-based meat and is based in Culver City, CA. D1 Capital is an employee-owned hedge fund manager based in New York City, NY. Maveron is a venture capital firm founded by former Starbucks Corp. CEO Howard Schultz and is based in Seattle, WA. Palm Tree Crew is a principal investment firm run by music producer Kygo and his manager, Myles Shear, and is based in Miami Beach, FL.
5/24/2021 Real Good Food Co LLC announced that it has received $35.0 million in funding from 16 investors. Real Good Food produces and distributes packaged pizzas that are high in protein, grain free and made from real, nutrient dense ingredients and is based in Glendale, CA.
5/26/2021 Clear Labs, Inc. announced that it has received $60.0 million in funding from 30 investors. Clear Labs operates a next-generation sequencing (NGS) platform that brings together DNA sequencing, robotics and cloud-based analytics for turnkey diagnostics including tests for food safety, authenticity, GMO, contamination, gluten, heavy metals, allergens, antibiotics, hormones, nutrition, and pesticides and is based in San Carlos, CA.
5/26/2021 ORRO, LLC announced that it has received a round of funding from new investor Virgo Investment Group LLC. ORRO produces and sells plant-based nutritional beverages without artificial sweeteners or soy and is based in El Segundo, CA. Virgo is a private equity firm based in Palo Alto, CA.
6/1/2021 RIND Snacks, Inc. announced that it has received $6.1 million in funding from Valor Management Corp., Melitas Ventures, and other investors. RIND is a better-for-you snack brand that produces and sells dried fruit blends that include the peel and is based in New York, NY. Valor is a private equity and venture capital firm based in Chicago, IL. Melitas is a venture capital firm based in New York, NY.
6/2/2021 NotCo announced that it has received $10.0 million in funding from Enlightened Hospitality Investments Management LLC (EHI). On July 26, 2021 it announced that it raised $235.0 million in a Series D funding round led by Tiger Global, which brought its valuation to $1.5 billion. Founded in Chile, NotCo is a food tech company that utilizes a proprietary artificial intelligence technology, Giuseppe, which matches animal proteins to their ideal replacements among thousands of plant-based ingredients to produce food alternatives including NotMilk™, NotBurger™, NotIceCream™ and NotMayo™. EHI is a growth equity fund that invests in the hospitality, technology, and consumer industries and is based in New York City, NY. Tiger Global is an investment firm based in New York City, NY.
6/2/2021 MOM Enterprises, Inc. announced that it has raised a round of funding with participation from Stellus Capital Management, LLC and Swander Pace Capital. MOM manufactures and distributes baby health care products and is based in Richmond, CA. Stellus is a private equity firm based in Houston, TX. Swander Pace is a private equity firm based in San Francisco, CA.
6/8/2021 SIMULATE, INC. announced that it has received $50.0 million in its Series B round of funding led by Alex Ohanian's 776 Fund Management, LLC. SIMULATE, formerly known as Nuggs, produces and distributes plant-based chicken nuggets and is based in New York, NY. 776 Fund is a venture capital firm based in Palm Beach Gardens, FL.
6/9/2021 Food Technology and Design, LLC, dba FoodPharma, announced that it has received a round of funding from Capital Southwest Corporation (NasdaqGS:CSWC) and New Harbor Capital. FoodPharma operates as a contract developer and manufacturer of functional foods focused on bars, soft chews, cups, and confectionery products with a market-leading position in the soft chew category, specifically in bariatric and weight-loss nutrition. and is based in Santa Fe Springs, CA. Capital Southwest is a business development company based in Dallas, TX. New Harbor is a private equity firm based in Chicago, IL.
6/14/2021 Serenity Kids, Inc. announced that it has received $10.5 million in its Series A funding from CircleUp, Wild Ventures, and other investors. Serenity Kids produces and sells organic toddler and baby food and is based in Austin, TX. CircleUp is a venture capital firm based in San Francisco, CA. Wild Ventures is a venture capital firm based in Los Angeles, CA.
6/16/2021 Motif FoodWorks, Inc. announced that it has received $226.1 million in funding from 18 investors. Motif operates as a bio-organism engineering company that develops food ingredients and animal-free proteins, such as meat alternatives, dairy actives/dairy-free proteins, and plant-based protein products and is based in Boston, MA.
6/18/2021 Bobbie Baby, Inc. announced that it has received $15.2 million in funding from VMG Partners and other investors. Bobbie Baby produces organic infant nutrition products and is based in San Francisco, CA. VMG is a private equity firm based in San Francisco, CA.
6/23/2021 Foods For Tomorrow S.L. announced that it has received $14.3 million in an equity round of funding from Impact Fooding and other investors. Foods For Tomorrow produce the Heura brand of high-protein plant-based food products and is based in Barcelona, Spain. Impact Fooding is a food tech investment fund based in Spain.
6/23/2021 Tiny Organics Inc. announced that it has received $11.0 million in a round of funding led by new investor Springdale Ventures. Tiny Organics is a technology-powered baby wellness company focused on babies and toddlers' personalized nutrition and is based in New York, NY. Springdale Ventures is a venture capital firm based in Austin, TX.
6/28/2021 Plant Meat Limited announced that is has received $15.3 million in a round of funding co-led by new investors BGF Investment Management Ltd and Lever VC. Plant Meat, trading as THIS, produces ready to eat food from soy bean protein, water, and pea protein and is based in London, United Kingdom. BGF is a private equity and venture capital firm based in Birmingham, United Kingdom. Lever is a venture capital firm based in Brooklyn, NY.
6/29/2021 Once Upon a Farm, PBC announced that it has received $22.8 million in funding from 36 investors. Upon A Farm produces cold-pressed and organic baby products and is based in Berkeley, CA.
6/30/2021 Formulife Supplements announced that it has raised a round of funding from new investor Satori Capital, LLC. Formulife offers dietary supplement contract manufacturing services and is based in Allen, TX. Satori is an investment firm based in Dallas, TX. Locke Lord and McDermott Will & Emery served as legal advisors to Formulife and Satori.