M&A Deal Summary

Martek Biosciences Acquires Amerifit Brands

On January 21, 2010, Martek Biosciences acquired consumer products company Amerifit Brands from Charterhouse Strategic Partners and Stockton Road Capital for 200M USD

Acquisition Highlights
  • This is Martek Biosciences’ 1st transaction in the Consumer Products sector.
  • This is Martek Biosciences’ largest (disclosed) transaction.
  • This is Martek Biosciences’ 2nd transaction in the United States.
  • This is Martek Biosciences’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2010-01-21
Target Amerifit Brands
Sector Consumer Products
Buyer(s) Martek Biosciences
Sellers(s) Charterhouse Strategic Partners
Stockton Road Capital
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

Amerifit Brands

Cromwell, Connecticut, United States
website
Amerifit Brands, Inc. is a consumer healthcare company that sells a variety of branded, natural, over-the-counter (OTC) and nutritional supplement products designed to meet specific consumer health needs - with a particular focus on women's wellness, gastrointestinal health and natural health.

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Buyer(S) 1

Buyer

Martek Biosciences

Columbia, United States

website

Category Company
Founded 1985
Sector Life Science
Employees592
DESCRIPTION

Martek Biosciences Corp. development, production, and sale of nutritional products that promote health and wellness.

DEAL STATS #
Overall 2 of 3
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Connecticut) 1 of 2
Country (United States) 2 of 3
Year (2010) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-26 OmegaTech

Boulder, Colorado, United States

OmegaTech, Inc. is a developer and marketer of life science products from microalgae.

Buy $50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-12 i-Health

Cromwell, Connecticut, United States

i-Health, Inc. is a distributor and marketer of branded products that support natural wellness.

Buy -

Seller(S) 2

SELLER

Charterhouse Strategic Partners

Summit, New Jersey, United States

website

Category Private Equity Firm
Founded 1973
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Charterhouse Strategic Partners is a private equity firm that targets investments in middle market companies located throughout North America. Charterhouse typically pursues companies valued between $25 and $150 million, however the firm will also consider new platform companies valued less than $50 million if there is the possibility for rapid expansion (organic or through acquisitions). Target companies generally possess highly motivated management with a proven track record, scalable business models, sustainable competitive advantages (brand recognition/proprietary products), and a leading position in a growing market. Broad sectors of interest include business services, healthcare services, consumer products, and consumer services. Charterhouse was founded in 1973 and is based in Summit, New Jersey.

DEAL STATS #
Overall 8 of 16
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 3 of 8
State (Connecticut) 2 of 3
Country (United States) 7 of 15
Year (2010) 1 of 3
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-21 NewPath Networks

Seattle, Washington, United States

NewPath Networks is a wireless infrastructure company that designs, develops and operates fiber-fed wireless carrier networks using a distributed antenna architecture to improve signal strength and network capacity.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-08 NewPath Networks

Seattle, Washington, United States

NewPath Networks is a wireless infrastructure company that designs, develops and operates fiber-fed wireless carrier networks using a distributed antenna architecture to improve signal strength and network capacity.

Sell $115M
SELLER

Stockton Road Capital

Los Angeles, California, United States

website

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Stockton Road Capital is a specialized private equity investment firm that targets consumer products and services companies. The Firm focuses on profitable businesses with brand differentiation and experienced management. Stockton looks to invest at least $5 million in companies with at least $10 million in revenue. Specific areas of interest include beauty and personal care, consumer healthcare, fitness/active lifestyle/athletics, food/beverage, health/wellness, household products, luxury/lifestyle, and nutrition. Prospective transaction types include MBOs, growth capital financings, turnarounds, and family owned businesses facing transition. Stockton Road Capital was founded in 2009 and is based in Hoboken, New Jersey.

DEAL STATS #
Overall 1 of 5
Sector (Consumer Products) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Connecticut) 1 of 1
Country (United States) 1 of 3
Year (2010) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-12 Airborne

Minnepolis, Minnesota, United States

Airborne, Inc. is a dietary supplement to support immune system through a unique combination of vitamins, minerals and a proprietary blend of herbal extracts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-01 Maximum Human Performance

West Caldwell, New Jersey, United States

Maximum Human Performance is a provider of sports nutrition company that sells products for athletes seeking the highest performance science-based nutrition products. Maximum Human Performance was founded in 1997 and is based in West Caldwell, New Jersey.

Buy -
Mergr

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