Houlihan Lokey Advises Body Plus

Houlihan Lokey is pleased to announce the sale of Body Plus Nutritional Products, Inc. (Body Plus) to Jamieson Laboratories Ltd. (Jamieson), a portfolio company of CCMP Capital Advisors, LP (CCMP). The transaction closed on January 31, 2017.

Founded in 1984 and based in Toronto, ON, Canada, Body Plus is a dynamic nutritional company that delivers highly comprehensive, professional quality, on-trend natural health and active lifestyle supplements that appeal to a broad range of ingredient-conscious consumers. Body Plus is well known for its three primary differentiated brands: Progressive Nutritional Therapies (the flagship brand with a broad line of premium, innovative foundational supplements), Precision Sport Supplements (high-performance sports nutrition brand), and Iron Vegan (ultra-clean vegan sports nutrition brand). Body Plus has longstanding, collaborative relationships with more than 2,000 retail customers in the specialty, natural, and grocery channels in Canada. Body Plus is vertically integrated with a 100,000-square-foot manufacturing facility and distribution center, utilizing excess capacity to manufacture private label supplements for major Canadian retailers.

Established in 1922, Jamieson is Canada's No. 1 manufacturer and marketer of vitamin, mineral, and natural health supplements. Jamieson also owns NutriCorp, an industry-leading private label manufacturer, and leading women's natural health brand Lorna Vanderhaeghe Health Solutions. Jamieson-branded products are made at the company's state-of-the-art facilities in Windsor, ON. With corporate offices in Toronto, Jamieson exports to more than 30 countries worldwide.

CCMP specializes in middle-market buyouts and growth equity investments in North America and Europe. CCMP focuses on generating alpha through the operational transformation and growth of its portfolio companies. CCMP invests in three primary industries: consumer, industrial, and healthcare. Selected investments under management include Jamieson, Badger Sportswear, Jetro Cash & Carry, Shoes For Crews, PQ Corporation, and The Hillman Group.

Houlihan Lokey served as the exclusive financial advisor to Body Plus and assisted in structuring and negotiating the transaction on its behalf.