Smart for Life Acquires Nexus Offers

Bonne Santé Group Acquires Doctors Scientific Organica (Smart for Life)

July 27, 2021

Food & Beverage

Bonne Santé Group, Inc. completed the acquisition of Doctors Scientific Organica, LLC — the maker of the Smart for Life meal‑replacement and supplement brand — and concurrently closed $11 million of equity and debt financing. The purchase adds an FDA‑registered 30,000 sq. ft. manufacturing facility and established retail distribution (including Costco and Walmart) to Bonne Santé's buy‑and‑build nutraceutical platform.

Smart for Life, Inc. Acquires Purely Optimal Nutrition

April 8, 2024

Food & Beverage

Smart for Life, Inc. (Nasdaq: SMFL), a publicly held nutraceuticals holding company, entered a definitive agreement to acquire Purely Optimal Nutrition, a North America-focused eCommerce nutraceuticals company. The acquisition is expected to close within eight weeks, and Smart for Life said the deal will expand its product offering, drive additional revenue (Purely Optimal is estimated to generate over $8 million in revenue and ~$1 million in Adjusted EBITDA) and create economies of scale across its operations.

TA Associates (via Project Neptune BidCo) Completes Tender Offer to Acquire Nexus AG

January 3, 2025

Software

TA Associates, through its holding company Project Neptune BidCo GmbH, completed a tender offer to acquire approximately 94.95% of Nexus AG at €70.00 per share and expects settlement in Q1 2025 subject to regulatory clearances. TA plans to take Nexus private, delist it from the Frankfurt Stock Exchange, and support the company's growth by investing in R&D, cloud and AI capabilities and pursuing strategic acquisitions.

Nexus Capital Management Acquires Natural Balance Premium Pet Food Business from The J.M. Smucker Co.

December 4, 2020

Food & Beverage

Los Angeles-based private equity firm Nexus Capital Management signed a definitive agreement to acquire the Natural Balance premium pet food business from The J.M. Smucker Co. Nexus said it will operate Natural Balance as an independent company under new CEO Brian Connolly and pursue brand reinvigoration and growth through pet specialty and e-commerce channels.

MyCare Medical Acquires Nexus Medical Centers

March 1, 2021

Healthcare Services

MyCare Medical Group has acquired Nexus Medical Centers, LLC, a network of six primary care and specialty practices and an MSO that oversees more than 30 independent practices across South Florida. The transaction expands MyCare's managed-care footprint into Miami-Dade and strengthens its capabilities serving Medicare and senior patients in the region.

Bottomline Acquires Nexus Systems

September 13, 2022

Payments & Fintech

Bottomline has acquired Nexus Systems, a provider of accounts payable and payments automation software for the real estate and property management industries. The deal—from prior investor Mainsail Partners—will fold Nexus capabilities and suppliers into Bottomline's Paymode‑X network to extend procure‑to‑pay and B2B payments capabilities across the real estate vertical; terms were not disclosed.