Daily News: March 11, 2015

Deloitte Advises Nutricap in Assets Sale to Twinlab

Deloitte Corporate Finance acted as exclusive financial advisor to Nutricap Labs on its sale of select assets to NutraScience Labs, a subsidiary of Twinlab Consolidated Holdings. 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.”

Nutricap provides nutraceutical contract manufacturing services for health and wellness companies globally.

Twinlab Consolidated Holdings is the parent holding company of Twinlab Consolidation, 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.