Houlihan Lokey Advises Deerland Probiotics & Enzymes

Houlihan Lokey’s Consumer, Food & Retail Group is pleased to announce that Deerland Probiotics & Enzymes, Inc. (Deerland), a portfolio company of RoundTable Healthcare Partners (RoundTable), has been acquired by Archer-Daniels-Midland Co. (ADM). The transaction closed on November 18, 2021.

Deerland Probiotics & Enzymes is a trusted global provider of probiotic and dietary supplements using probiotic, prebiotic, and enzyme technology, including 12 branded product lines serving customers in areas including digestive health, immune health, women’s health, food intolerance, sports nutrition, cellular repair, and systemic and cardiovascular health. The company’s products and solutions include spore probiotics, which offer enhanced stability for a wider use in food and beverage, pet nutrition, and supplement applications. Based in Kennesaw, Georgia, Deerland operates five manufacturing facilities, one fermentation facility, and eight R&D and quality control laboratories globally.

RoundTable Healthcare Partners, based in Lake Forest, Illinois, is an operating-oriented private equity firm focused exclusively on the healthcare industry. RoundTable partners with companies that can benefit from its extensive industry relationships and proven operating and transaction expertise. RoundTable has established a successful track record of working with owners/founders, family companies, management teams, entrepreneurs, and corporate partners who share a vision and believe in the value creation potential of its partnership model. RoundTable has raised $3.45 billion in committed capital, including five equity funds totaling $2.85 billion and three subordinated debt funds totaling $600 million.

ADM unlocks the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, ADM gives customers an edge in solving the nutritional challenges of today and tomorrow. ADM is a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. ADM’s breadth, depth, insights, facilities, and logistical expertise give it unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, ADM enriches the quality of life the world over.