Stockton Road Capital has acquired a minority stake alongside CCMP Capital Advisors in their buy of Jamieson Laboratories. No financial terms were disclosed. Houlihan Lokey‘s William Hood served as investment banking advisor to Jamieson on the transaction. Headquartered in Toronto, Jamieson is a maker of natural health products.
Stockton Road Capital is pleased to have assisted and made a minority investment alongside affiliates of CCMP Capital Advisors, LLC in their acquisition of Jamieson Laboratories, the #1 brand of nutrition products in Canada.
Joe Rhodes, Managing Partner of Stockton Road said, “We are honored to be able to work with truly world-class organizations like Jamieson and CCMP.”
In connection with the acquisition, Stockton Road is making a minority investment and Cyrill Siewert, a Stockton Road Operating Partner, will join Jamieson’s Board. Commenting on the opportunity, Cyrill said, “Jamieson is an iconic brand in the consumer health and wellness space with great growth potential not only in Canada, but around the globe. We look forward to supporting this growth.”
Cyrill and Joe’s current and recent investment experience in the nutrition sector includes: Amerifit Brands and Culturelle, Airborne, Designer Protein, Maximum Human Performance, and Select Nutrition, among others.
“In addition to our friends at CCMP, we would like to congratulate Jamieson’s Chairman Eric Margolis and CEO Vic Neufeld for their successful long-term leadership of Jamieson, and thank them for their trust and friendship during this process.”
William Hood of Houlihan Lokey was the investment banking advisor to Jamieson.
About Jamieson Laboratories
Established in 1922, Jamieson Laboratories is Canada’s largest manufacturer and distributor of natural health products and a worldwide innovator in the development of proprietary supplement formulas. Jamieson products are made at the company’s state of the art laboratories in Windsor, Ontario. With corporate offices in Toronto, Jamieson exports products to over 50 countries worldwide.
About CCMP Capital
CCMP Capital Advisors, LLC (“CCMP”) specializes in middle market buyouts and growth equity investments of $100 million to $500 million in North America and Europe. CCMP focuses on generating alpha through the operational transformation of its portfolio companies and invests in four primary industries: Consumer, Industrial, Energy and Healthcare.