Highlighted Transactions

Consumer

 

HGGC, LLC.

HGGC, LLC completed its previously announced acquisition of Nutraceutical International Corporation in a take-private transaction valued at approximately $446 million. With completion of the transaction, Nutraceutical's common stock has ceased trading and will no longer be listed on the NASDAQ Stock Exchange.

Piper Jaffray served as exclusive financial advisor to HGGC, LLC.

Client Description

HGGC is a leading middle market private equity firm with $4.3 billion in cumulative capital commitments. Based in Palo Alto, California, HGGC is distinguished by its "Advantaged Investing" model that enables the firm to source and acquire scalable businesses at attractive multiples through partnerships with management teams, founders and sponsors who reinvest alongside HGGC, creating a strong alignment of interests. Over its history, HGGC has completed more than 75 platform investments, add-on acquisitions, recapitalizations and liquidity events with an aggregate transaction value of more than $14 billion.

Counterparty Description

Nutraceutical International is an integrated manufacturer, marketer, distributor and retailer of branded nutritional supplements and other natural products sold primarily to and through domestic health and natural food stores. Internationally, Nutraceutical markets and distributes branded nutritional supplements and other natural products to and through health and natural product distributors and retailers. Nutraceutical has a long history of acquisition and integration of natural products businesses, which provides ongoing financial synergies through increased scale and market penetration, as well as strengthened customer relationships.

Nutraceutical manufactures and sells nutritional supplements and other natural products under numerous brands, including Solaray®, KAL®, Dynamic Health®, Nature's Life®, LifeTime®, Natural Balance®, NaturalCare®, Health from the Sun®, Zhou Nutrition®, Pioneer®, Nutra BioGenesis®, Life-flo®, Organix South®, Heritage Store® and Monarch Nutraceuticals®.

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