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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, ...
Wellful Inc. Acquires Ancient Nutrition Brand
On Jan. 7, Wellful Inc. (Charlotte, NC) announced its acquisition of Ancient Nutrition (Franklin, TN) from VMG Partners, Hillhouse Investment and other holders. Wellful combines advanced e-commerce technology with scientifically formulated solution to help consumers live happier and healthier lives across its vitamin, supplement and food products, the company said. “We are thrilled to bring ...
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