Arizona Natural Resources (CORE Portfolio) Acquires HealthSpecialty

Coretelligent Acquires Advanced Network Products (ANP)

September 6, 2023

IT Services

Coretelligent, a Norwest Equity Partners–backed managed IT services provider, has acquired Advanced Network Products (ANP), a Philadelphia-based managed service provider. The add-on expands Coretelligent's Mid‑Atlantic presence and strengthens its Microsoft/Azure, security, and managed services capabilities for clients in financial services, healthcare, and professional services.

Arizona Natural Resources (CORE) Acquires Contract Filling Inc.

August 18, 2022

Manufacturing

CORE Industrial Partners' portfolio company Arizona Natural Resources (ANR) has acquired Contract Filling Inc. (CFI), a Cedar Grove, New Jersey-based contract manufacturer of high-end fragrances, deodorants and cosmetic products. The acquisition is the fourth add-on to ANR's platform, expanding the platform's fragrance capabilities and East Coast footprint; Monroe Capital arranged a senior credit facility to support the transaction.

Arizona Natural Resources (CORE Industrial Partners) Acquires Marianna Beauty

May 27, 2021

Consumer Products

CORE Industrial Partners–backed Arizona Natural Resources (ANR) has acquired Marianna Beauty Holdings, Inc., a long-established Omaha-based contract manufacturer of hair, skin and beauty products. Monroe Capital provided a senior credit facility to support the deal; the combination creates a larger personal-care manufacturing platform with nearly 40 filling lines and roughly 550,000 square feet of combined capacity to serve retail, salon and private-label customers.

Arcadia Consumer Healthcare Acquires NATURELO

October 15, 2020

Consumer Products

Arcadia Consumer Healthcare, a portfolio company of Avista Capital Partners, has acquired NATURELO, a premium vitamins, minerals and supplements (VMS) brand. The add-on expands Arcadia's product portfolio and online presence in the growing self-directed wellness market; financial terms were not disclosed.

CORE Industrial Partners Invests in Arizona Natural Resources

July 2, 2020

Manufacturing

CORE Industrial Partners, a Chicago-based private equity firm, completed an investment in Arizona Natural Resources (ANR), a Phoenix-based contract manufacturer of personal care products specializing in haircare and skincare. CORE said it will partner with ANR’s management to pursue strategic add-on acquisitions and expand the company’s product offering and geographic presence; ANR operates a 132,000 sq. ft., FDA-registered cGMP facility with 23 production lines.

Harvest Health & Recreation Acquires Arizona Natural Selections

February 19, 2020

Healthcare Services

Harvest Health & Recreation Inc. announced the acquisition of Arizona Natural Selections for a non-material, undisclosed amount of stock, gaining rights to operate four vertical medical cannabis licenses in Arizona. The deal adds four retail locations (operating under Arizona Natural Selections brands), two cultivation facilities (including a 55,000 sq. ft. indoor facility in Phoenix and a 322-acre site in Willcox with 70,000 sq. ft. greenhouse), and the Darwin branded product line, further deepening Harvest's integrated operations in its home state.