Announced
Completed
Synopsis
Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, completed the acquisition of Nutrisystem, a direct-to-consumer nutrition and weight management brand, from Tivity Health, a provider of health improvement, nutrition, fitness and social engagement solutions, for $575m. The private capital group of MSD Partners partnered with Kainos Capital in the form of a preferred and common equity investment. "For the approximately 40% of adults who are considered overweight – and increasingly at risk for a range of serious conditions – Nutrisystem can play an important role in helping improve quality of life. Nutrisystem is a valuable partner to its customers, particularly during the Covid pandemic when it is more challenging for many people to access affordable, healthy meals," Andrew Rosen, Kainos Managing Partner.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.