M&A Deal Summary

Centre Lane Partners Acquires Vitamin World

On February 2, 2016, private equity firm Centre Lane Partners acquired consumer products company Vitamin World from The Nature s Bounty for 25M USD

Acquisition Highlights
  • This is Centre Lane Partners’ 2nd transaction in the Consumer Products sector.
  • This is Centre Lane Partners’ 3rd largest (disclosed) transaction.
  • This is Centre Lane Partners’ 8th transaction in the United States.
  • This is Centre Lane Partners’ 1st transaction in New York.
Investment Fate
  • Vitamin World went bankrupt in 2017.
  • Vitamin World was sold to a strategic buyer in 2017 for 28M USD.

M&A Deal Summary

Date 2016-02-02
Target Vitamin World
Sector Consumer Products
Buyer(s) Centre Lane Partners
Sellers(s) The Nature s Bounty
Deal Type Divestiture
Deal Value 25M USD

Target

Vitamin World

Bohemia, New York, United States
website
Vitamin World, Inc. is a manufacturer of vitamins and nutritional supplements distributed in retail stores in the United States.

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Buyer(S) 1

DESCRIPTION

Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.


DEAL STATS #
Overall 9 of 17
Sector (Consumer Products) 2 of 3
Type (Divestiture) 3 of 3
State (New York) 1 of 3
Country (United States) 8 of 16
Year (2016) 1 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Coverall North America

Boca Raton, Florida, United States

Coverall North America, Inc. is a franchisor of commercial cleaning services. The Coverall network has nearly 8,300 franchise business owners with 43 master owned business locations. Coverall North America was founded in 1985 and is based in Boca Raton, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-05 Perform[cb]

Sarasota, Florida, United States

Perform[cb] is a performance-based digital marketing network that connects advertisers with publishers. The Company provides a network that gives advertisers access to a qualified network of relevant publishers or affiliates, who can provide them with high-value sales leads. Perform[cb] was founded in 2002 and is headquartered in Sarasota, Florida.

Buy -

Seller(S) 1

SELLER

The Nature s Bounty

Ronkonkoma, New York, United States

website


Category Company
Founded 1971
Sector Consumer Products
Employees13,500
DESCRIPTION

The Nature's Bounty Co. is a a vertically integrated manufacturer, marketer and distributor of a broad line of high-quality, value-priced nutritional supplements in the United States and throughout the world. The Nature's Bounty was founded in 1971 and is based in Ronkonkoma, New York.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 Dr. Organic

Swansea, United Kingdom

Dr. Organic Ltd. is a provider of skin care products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-09 The Best Bar Ever

Hunt Valley, Maryland, United States

The Best Bar Ever is a provider of real-food nutrition bars. The Best Bar Ever was founded in 2015 and is based in Hunt Valley, Maryland.

Buy -