chapter 11 bankruptcy
FitLife Brands Acquires Irwin Naturals
FitLife Brands (Omaha, NE), a developer and provider of nutritional supplements and wellness products, announced it entered a definitive agreement to acquire Irwin Naturals (Los Angeles, CA) and its related affiliates for $42.5 million. Irwin previously filed for Chapter 11 bankruptcy in August 2024. According to FitLife, both brands have product lines that are largely ...
The Vitamin Shoppe Acquired by 2 Private Equity Firms
On April 16, private equity firms Kingswood Capital Management and Performance Investment Partners (PIP) entered a definitive agreement to acquire The Vitamin Shoppe (Secaucus, NJ) from Franchise Group Inc. (FRG). On Nov. 3, 2024, FRG filed for Chapter 11 bankruptcy and began a restructuring of its holding operations including the liquidation of American Freight. However, ...
The Vitamin Shoppe’s Parent Company Files for Bankruptcy, Business Remains Strong
On Nov. 3, Franchise Group Inc. (FRG, Delaware, OH), the holding company for retail brands American Freight, Buddy’s Home Furnishings, The Vitamin Shoppe and Pet Supplies Plus, filed for Chapter 11 bankruptcy. As per the bankruptcy filing, FRG is currently undergoing a restructuring plan, but will continue operating Buddy’s Home Furnishings, The Vitamin Shoppe and ...
NPA Exits Chapter 11 Bankruptcy
The Natural Products Association (NPA) announced that it will exit chapter 11 bankruptcy effective immediately. A judge granted NPA’s filing to dismiss the case after just over six months of court proceedings. “This was a business decision, it was the right thing to do, and it is an exciting day for NPA because we emerge ...
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