Bobbie Baby completed the acquisition of Nature's One from Juggernaut Capital Partners and Jay Highman.

Bobbie Baby, an organic pediatric nutrition company, completed the acquisition of Nature's One, a pediatric nutrition company, from Juggernaut Capital Partners, a private equity investor primarily in the consumer and healthcare sectors, and Jay Highman. Financial terms were not disclosed. "Nature's One is a true pioneer in the pediatric nutrition space. Juggernaut partnered with founder, Jay Highman, to accelerate product development and vertical integration initiatives. Over the past five years, the company completed the first FDA-approved clinical feeding study of an organic infant formula and designed and constructed the first newly built infant formula facility in the U.S. in 35 years. It has been a pleasure to partner with Jay and his team. We believe the combination with Bobbie cements the organization as a continued disruptor and a next-generation industry leader. We are proud to continue as a meaningful shareholder in the go-forward company," John Shulman, Juggernaut Founder and Managing Partner.