M&A Deal Summary

Bettera Brands Acquires Hillside Candy

On April 4, 2017, Bettera Brands acquired consumer products company Hillside Candy from Highlander Partners

Acquisition Highlights
  • This is Bettera Brands’ 1st transaction in the Consumer Products sector.
  • This is Bettera Brands’ 1st transaction in the United States.
  • This is Bettera Brands’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2017-04-04
Target Hillside Candy
Sector Consumer Products
Buyer(s) Bettera Brands
Sellers(s) Highlander Partners
Deal Type Merger

Target

Hillside Candy

Hillside, New Jersey, United States
Hillside Candy is a manufacturer and marketer of premium, organic, sugar-free and traditional confection products under the GoOrganic, GoLightly, Pick Your Color and Hillside Candy brands. Hillside Candy is based in Hillside, New Jersey.

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Buyer(S) 1

Buyer

Bettera Brands

Plano, Texas, United States

Category Company
Founded 1898
Sector Food
DESCRIPTION

Bettera Brands operates as a holding company for Bettera Wellness, Nutravail, and Hillside, which focus on using confection products as an alternative delivery systems for vitamins, minerals and supplements. Bettera Wellness is a manufacturer of branded and private label gummy vitamins and better-for-you gummy confection products. Bettera operates two fully integrated production facilities located in Indiana and California that are SQF Level 3 and CFR 111 certified for dietary supplements. Nutravail, operating from a CFR 111 facility in Chantilly, Virginia, is a leading developer and manufacturer of health and wellness food products that manufactures proprietary soft chew delivery systems with its low-temperature processing technology. Hillside is a manufacturer of organic, sugar-free, and branded confection products (through its GoOrganic brand), as well as incorporating nutraceutical ingredients into lozenge delivery systems. Bettera Brands was formed in 1898 and is based in Plano, Texas.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Merger) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-20 Bettera Brands - Confection Brands

Plano, Texas, United States

Bettera Brands LLC - Confection Brands includes Gimbal’s jelly beans brand, Scottie Dogs licorice and other associated candy brands.

Sell -

Seller(S) 1

SELLER

Highlander Partners

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Highlander Partners LP is a private equity firm focuses on making both direct private equity and mezzanine investments in companies located in US and Europe. The firm seeks to target to invest in small and mid-size private companies with strong management teams, fundamentally strong operations and positive cash flows. HP looks to invest $10 to $50 million as an equity and $10 to $25 million in mezzanine financing in companies with revenues of $10 to $500 million and enterprise value up to $100 million. Specific areas of interest include manufacturing, food, healthcare products and services, and healthcare IT, retail and building materials. Types of transaction include buyouts, growth capital, divestitures, consolidation and recapitalization. Highlander Partners LP was formed in 2004 and is based in Dallas, Texas with additional office in Warszawa, Poland.


DEAL STATS #
Overall 13 of 31
Sector (Consumer Products) 1 of 1
Type (Merger) 1 of 2
State (New Jersey) 1 of 1
Country (United States) 10 of 22
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Bettera Brands

Plano, Texas, United States

Bettera Brands operates as a holding company for Bettera Wellness, Nutravail, and Hillside, which focus on using confection products as an alternative delivery systems for vitamins, minerals and supplements. Bettera Wellness is a manufacturer of branded and private label gummy vitamins and better-for-you gummy confection products. Bettera operates two fully integrated production facilities located in Indiana and California that are SQF Level 3 and CFR 111 certified for dietary supplements. Nutravail, operating from a CFR 111 facility in Chantilly, Virginia, is a leading developer and manufacturer of health and wellness food products that manufactures proprietary soft chew delivery systems with its low-temperature processing technology. Hillside is a manufacturer of organic, sugar-free, and branded confection products (through its GoOrganic brand), as well as incorporating nutraceutical ingredients into lozenge delivery systems. Bettera Brands was formed in 1898 and is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-08 Rotometal

Świebodzin, Poland

Rotometal is a manufacturer of precise tools for the printing and label industry. Rotometal flagship products are bespoke magnetic and print cylinders for flexographic printing machines. The company has a recognized brand and operates in its market segments with exceptional quality and high efficiency. Rotometal is based in Świebodzin, Poland.

Buy -