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Back to blog March 18, 2021 No Comments Author: Andy Jones

Private Equity Investments in Supplements Companies

Food supplement businesses are attracting attention from private equity investors. PE firms have already made six platform investments in the supplement space in 2021.

In fact, our M&A Research Database shows 180 supplement businesses currently held as portfolio companies of private equity firms.

The “supplements” category represents a diverse range of businesses. The 180 private equity owned supplements companies include:

  • Nutritional supplements
  • Food supplements
  • Vitamins
  • Minerals
  • Herbal medicine
  • Probiotics
  • Functional foods
  • Dietary supplements
  • Electrolytes
  • Microbiomes
  • Nutraceuticals

The supplements offered by these 180 portfolio companies also span a spectrum of end-uses, including:

  • Health & wellness
  • Flavors (such as “bitter”)
  • Joint health
  • Fitness
  • Sports nutrition
  • Diet
  • Hydration
  • GI support
  • Detox
  • Liver support
  • Cardiovascular health
  • Immune support
  • Pet supplements

Select Private Equity Investments in Supplements Businesses

March 2021Wind Point Partners invested in FoodScience Corporation (Williston, VT), a formulator, manufacturer and marketer of nutritional supplements for humans and pets.

January 2021American Pacific Group acquired Eu Natural (Henderson, NV), a provider of vitamin and mineral nutritional supplement products. (Eu Natural is housed under the firm’s portfolio company Yukon Wellness Holdings.)

January 2021Boyne Capital acquired a majority interest in Double Wood (Philadelphia, PA), a direct-to-consumer e-commerce company focused on niche nutritional supplements.

November 2020Virtù Equity Partners completed a joint venture acquisition of Nutracap Labs (Norcross, GA), a supplement and vitamin contract manufacturer focused on emerging brands looking for customized formulations and wellness solutions.

September 2020BDC Capital Growth Equity made a growth equity investment into The Genacol Group (Quebec, Canada), specializing in natural supplements for joint health.

September 2020New Mountain Capital acquired Jarrow (Los Angeles, CA), an independent formulator, manufacturer, and marketer of high-quality and scientifically supported probiotics, vitamins, minerals and supplements.