Fulcrum Capital Partners invests equity in Vitalus Nutrition

Canadian private equity firm Fulcrum Capital Partners has made an equity investment in Vitalus Nutrition Inc, an Abbotsford, British Columbia supplier of specialty cream and milk protein ingredients for the food, beverage, and nutraceutical industries. No financial terms were released. Fulcrum said the deal will support key growth initiatives. They include expansion of the company’s milk protein concentrate production capabilities, development of a process to produce a proprietary prebiotic fibre, and construction of a Winnipeg facility for production of dairy ingredients. Vitalus is the sixth platform deal of Fulcrum Capital Partners V, which raised $344 million in 2015.

PRESS RELEASE

Fulcrum Capital Partners Announces Equity Investment in Vitalus Nutrition

VANCOUVER, TORONTO | January 2017

Fulcrum Capital Partners has made an equity investment in Vitalus Nutrition Inc. (Vitalus).

Based in Abbotsford, British Columbia, Canada, Vitalus is a leading supplier of specialty cream and milk protein ingredients for the food, beverage, and nutraceutical industries. Vitalus’ products are used in various applications such as baking, confections, dairy products, snack foods, infant formula, protein drinks, nutrition bars, and more.

Fulcrum has partnered with the management team to provide growth capital to support three strategic growth initiatives, including the expansion of the company’s milk protein concentrate production capabilities, the development of a process to produce a proprietary prebiotic fiber, and the construction of a Winnipeg facility for production of specialized dairy ingredients.

The investment was made by Fulcrum Capital’s Private Equity Fund V. Vitalus marks the sixth platform investment made from Fund V, which closed in July 2015.

Fulcrum Capital Partners Inc.
Fulcrum Capital Partners manages over C$650 million of capital through three private equity funds and a portfolio of mezzanine investments. Fulcrum Capital’s investments typically support management buyouts, acquisitions, going private transactions, leveraged buyouts, corporate growth, and recapitalizations.

Visit our team profiles page and get to know the people and faces behind Fulcrum Capital Partners.

For more information, please contact:

Michael Berkson
Partner
+1 604 631 8082

Graham Flater
Principal
+1 604 631 8078

Photo courtesy of Vitalus Nutrition Inc