Kainos Capital completed the acquisition of Nutrisystem from Tivity Health for $575m.

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.