Jamieson Wellness acquires Nutrawise Health & Beauty Corporation for C$265M
July 19, 2022
265.00 Million CAD
On July 19, 2022, Jamieson Wellness Inc. ("Jamieson") completed the previously announced acquisition of Nutrawise Health & Beauty Corporation (“Nutrawise”), for approximately C$265 million.
In connection with the closing of the Nutrawise acquisition, Jamieson’s subsidiaries, Jamieson Laboratories Ltd. and Jamieson Health Products USA Ltd., successfully upsized and refinanced their existing senior credit facilities pursuant to a second amended and restated credit agreement with a syndicate of lenders pursuant to which, among other things, Jamieson’s newly acquired subsidiary Nutrawise Health & Beauty LLC was added as a borrower thereunder.
Jamieson is a Canadian manufacturer, distributor and marketer of high-quality vitamins and natural health products based in Toronto, Ontario.
Nutrawise is a California-based innovator, manufacturer and marketer of premium supplements under the youtheory brand in the United States and other international markets.
McCarthy Tétrault advised Jamieson with a team led by Deandra Schubert that included Gianluca D. Mazzanti (M&A), Justin Lapedus, D.J. Lynde, Ailbish Bruchet, Rebecca Scott (Financial Services), and Angela Lizotte.