Deloitte Corporate Finance LLC advises Nutricap Labs, LLC in its sale of select assets to Twinlab Consolidated Holdings, Inc.
NEW YORK, March 10, 2015 — Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to Nutricap Labs, LLC (“Nutricap”), a leading provider of nutraceutical contract manufacturing services, on its sale of select assets to NutraScience Labs, Inc., a subsidiary of Twinlab Consolidated Holdings, Inc. (“TLCC”), a global nutritional supplements company. The acquisition closed in February 2015.
The deal comes after a management led buyout of Twinlab and subsequent reverse merger of that business into TLCC in September 2014.
“Deloitte Corporate Finance provided invaluable deal- structuring advice and negotiation support throughout the process, helping us successfully complete this complex transaction,” said Jonathan Greenhut, CEO of Nutricap.
“We have seen continued consolidation in the vitamins, minerals, and dietary supplement contract manufacturing space in recent months,” said Matt Meyer, managing director, Deloitte Corporate Finance LLC. “Our experience in the nutritional supplements sector enabled Nutricap to close this transaction with a partner aligned with their strategic goals.”
About Nutricap Labs, LLC
Nutricap provides nutraceutical contract manufacturing services for health and wellness companies globally. The Company is engaged in distributing vitamins, minerals, and dietary supplements products. The Company offers custom manufacturing services as well as related label design, packaging and order fulfillment services. The Company services its clients’ needs for capsules, tablets, powder and soft gel manufacturing. Nutricap serves the Sports Nutrition and Bodybuilding industry as well as general health products including Eye Care, Cognitive Health, Digestive Support and Bone and Joint categories.
About Twinlab Consolidated Holdings, Inc.
Twinlab Consolidated Holdings Inc. is the parent holding company of Twinlab Consolidation Corporation, an industry-focused health and wellness company committed to developing top brands as well as providing premium quality contract manufacturing services through its subsidiary NutraScience Labs, Inc. In addition to its namesake brand, Twinlab® owns leading brands such as Metabolife®, Trigosamine®, and Alvita® teas. Twinlab's manufacturing facility in American Fork, Utah is an NSF GMP and NSF GMP for Sport certified facility. Visit www.tchhome.com for more information.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
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