Highlander Partners Acquires Hilo Nutrition

Highlander Partners Acquires Majority Stake in SanoVita

February 19, 2020

Food & Beverage

Highlander Partners, a Dallas-based middle-market private equity firm, has acquired a majority stake in SanoVita, a Romanian plant-based food brand headquartered in Râmnicu Vâlcea. Highlander plans to accelerate SanoVita's growth through new product innovation, enhanced production capabilities and strategic M&A while the founders will remain partners in the business.

Bettera Brands (Highlander Partners) Acquires Nutravail

September 14, 2020

Food & Beverage

Bettera Brands, a portfolio company of Highlander Partners, acquired substantially all of the assets of Nutravail, a Chantilly, Virginia-based developer and manufacturer of soft chew nutraceuticals. The acquisition expands Bettera's confectionary delivery capabilities (gummies, lozenges and chewables) and is intended to accelerate cross-selling, product development and manufacturing capacity for wellness brands.

Tilia Holdings Acquires NutriScience Innovations

May 4, 2021

Food & Beverage

Chicago-based private equity firm Tilia Holdings completed the acquisition of NutriScience Innovations, a Milford, Connecticut developer and supplier of branded nutritional and specialty ingredients. The sellers on the transaction included Akoya Capital, Lakeview Equity Partners and Greyrock Capital Group; NutriScience's CEO Alan Yengoyan will remain in his role to support the company's next phase of growth.

Alta Equipment Group Acquires Hilo Equipment & Services

June 18, 2020

Industrial Services

Alta Equipment Group Inc. has entered into a definitive agreement to acquire Hilo Equipment & Services, a privately held material handling equipment distributor with three branches in the New York City metro area. Hilo generated approximately $50 million in revenue and $3.0 million of Adjusted EBITDA in FY2019; the acquisition expands Alta's footprint in the northeastern United States and strengthens its OEM partnerships and service capabilities.

Catalent Acquires Bettera Brands from Highlander Partners for $1 Billion

August 30, 2021

Food & Beverage

Catalent, Inc. agreed to acquire Bettera Holdings, LLC (Bettera Brands) from Highlander Partners for $1 billion. The acquisition expands Catalent's consumer health and nutraceutical manufacturing capabilities—adding Bettera's gummy, soft chew, and lozenge production capacity and approximately 500 employees across four U.S. facilities.

CalNutri, Inc. Acquires Assets of Health & Nutrition Technology

June 3, 2022

Food & Beverage

CalNutri, Inc., a Colfax, California-based contract manufacturer and CPG services provider, has acquired the assets of Health & Nutrition Technology (HNT), the maker of the Health One meal replacement and provider of medically supervised weight-management programs. The acquisition transfers the Health One product line and related assets to CalNutri, enabling the buyer to expand its product portfolio, manufacturing and distribution footprint in the health & wellness food segment.