Daily News: August 31, 2017

Antares Capital Supports HGGC’s Acquisition of Nutraceutical

Antares Capital served as administrative agent and sole lead arranger on a senior secured credit facility to support the acquisition of Nutraceutical International by HGGC.

Headquartered in Park City, UT, Nutraceutical is a manufacturer of nutritional supplements, personal care and healthy foods sold in health and natural food stores.

“We knew the Antares team would work quickly to understand the complexities of the deal and ultimately play a critical role in the overall success of the transaction,” said Steven Leistner, principal with HGGC. “We have worked with Antares since the inception of our firm, and we appreciate the flexibility and certainty of execution they bring to the table.”

“We are pleased to support HGGC on this latest addition to their portfolio,” said Ryan Simpson from Antares Capital. “Nutraceutical has a strong market position and a loyal customer base driven by the strength of brands it offers. We look forward to working closely with them and HGGC in this next phase of their growth.”

Palo Alto, CA-based HGGC is a middle-market private equity firm with $4.3 billion in cumulative capital commitments.