Kingswood Capital Management and Performance Investment Partners Acquire The Vitamin Shoppe from Franchise Group

Kingswood Capital Management Acquires Branding Iron Holdings

November 18, 2024

Food & Beverage

Kingswood Capital Management, LP has acquired Branding Iron Holdings, a Sauget, Illinois-based manufacturer of branded and private-label protein products (beef and pork) with facilities in Sauget, Rochester, and Sauk Rapids, Minnesota. Kingswood will partner with the existing management team—promoting Andy Touchette to CEO and adding John Niemann as Executive Chairman—to support growth and expand the company's manufacturing and customer capabilities across foodservice, retail and chain restaurant channels.

Unilever Acquires SmartyPants Vitamins

December 23, 2020

Consumer Products

Unilever has acquired SmartyPants Vitamins, a Los Angeles–area producer of premium multi-vitamins and a Morgan Stanley Expansion Capital portfolio company. Terms were not disclosed; Unilever said the deal complements its functional nutrition and supplement portfolio and will work with the company's founders to grow the brand.

Kingswood Capital Management Acquires Obsession Holdings, Inc.

July 24, 2023

Retail

Kingswood Capital Management, LP has acquired Obsession Holdings, Inc., a leading U.S. fragrance retailer operating The Fragrance Outlet and Perfumania. Kingswood will partner with Obsession executives Frank Mroczka (CEO) and Bill Aisenberg (CFO) to invest in new store growth, proprietary product development and omnichannel/ecommerce expansion; CIBC Bank USA provided debt financing for the transaction.

Kingswood Capital Management Acquires The Save Mart Companies

March 28, 2022

Retail

Los Angeles-based private equity firm Kingswood Capital Management has acquired The Save Mart Companies, a Modesto, California-based grocery operator that runs approximately 200 stores under the Save Mart, Lucky California and FoodMaxx banners. The Piccinini family will exit ownership and Kingswood said the acquisition expands its Northern California retail presence; terms were not disclosed.

Kainos Capital Acquires Nutrisystem from Tivity Health for $575M

December 9, 2020

Food & Beverage

Kainos Capital, with a preferred and common equity investment from The Private Capital Group of MSD Partners, has acquired Tivity Health’s Nutrition Business — including **Nutrisystem** and **South Beach Diet** — for $575 million in cash. Tivity Health divested the business to focus on its core healthcare operations while Kainos plans to reestablish Nutrisystem as an independent, growth-oriented consumer nutrition company.

Impetus Wellness Group Acquires Reliance Vitamin

September 13, 2024

Food & Beverage

Impetus Wellness Group, a wellness-focused platform backed by AEA Investors' Small Business Private Equity (AEA SBPE), has acquired Reliance Vitamin from Swander Pace Capital and its partners. Reliance will become the first member of the Impetus VMS CMO platform and will continue to operate under CEO Linda Naselli as Impetus pursues additional partner acquisitions in the vitamins, minerals, and supplements (VMS) contract manufacturing space.