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Axial Radar: Trends in Nutritional Health M&A

Axial Radar

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Last month, the University of Michigan’s monthly Survey of Consumers recorded its lowest consumer sentiment score since 1978. Inflation and the threat of recession has consumers thinking twice about how and where they should spend their hard earned money.

One category that consumers haven’t cut back on is nutritional health. Expenditure on supplements in North America increased by 0.2% in May from April, and the market overall has a forecasted CAGR of 5.6% through 2028. Unsurprisingly, PE investors have taken note and have increased their activity in the space accordingly. In this week’s featured Industry Trends article, we surface a report on M&A activity in the nutritional health space, including an analysis of valuation data for vitamin and supplement M&A transactions.

Our featured buy-side members this week include a network of ophthalmologists, a Texas-based private investment firm, and a DTC focused holding company. On the sell-side we’ll introduce you to a leading global M&A firm, and an Atlanta-based merchant banking firm.

Click here to follow Axial on LinkedIn and stay up to date on the latest trends in the world of Lower Middle Market deal making.


Featured Members

HIG Capital

ReFocus Eye Health

ReFocus Eye Health is a forward-thinking, innovative network of world-class ophthalmologists and retinal specialists. As the firm continues to expand across the Northeast, their mission is to optimize your vision at every stage of life.
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Kainos Capital

Sett & Lucas
M&A Advisory Firm

Sett & Lucas is considered a leader in global mergers and acquisitions in the enterprise software and SaaS, digital marketing and information technology services markets. The M&A service is the flagship offering from the investment banking division (IBD) at S&L.

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Revolution Group, LLC
Family Office

Central Texas Investment Company is focused on both minority and majority ownership transactions for growing businesses located in the state of Texas. Industries of interest include manufacturing, industrials, distribution and business service.

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FTI Consulting

Tucker Midis & Owen
Merchant Bank

Tucker Midis & Associates is a Merchant Banking Firm based in Atlanta, GA. Founded in 2002, Tucker Midis provides full-service, hands-on, senior-level investment banking and strategic advice to privately-held mid-market companies. The principals of Tucker Midis have over 50 years of corporate finance, legal and industry experience with some of the most respected U.S. and International names.

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FTI Consulting

Direct Co
Holding Company is a team of entrepreneurs and growth experts, all of whom have successfully scaled multiple companies over the last several years. The firm is buying the best, most authentic brands in today’s DTC & SaaS market — brands that have already seen success and whose founders are ready for the next step.

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This week from
Middle Market Review

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6 M&A Bankers Break Down Their Deal Fees (Virtual Roundtable)
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A Window Into The Private World Of M&A Fees
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Holding Companies Emerging as Driver of LMM Consolidation
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Industry Trends

M&A Valuations Healthy in Health & Wellness Sector Amid Economic Uncertainty

Capstone Partners

Source: Capstone Partners

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