LOS ANGELES, CA--(Marketwire - January 13, 2011) - Imperial Capital announced today that it acted as financial advisor to TA Associates, Inc. ("TA Associates") in its majority investment in Dymatize Enterprises, Inc. ("Dymatize" or the "Company"). Dymatize is a manufacturer and marketer of branded and private label nutritional and sports supplements. It offers products in numerous categories, including protein, pre- and post-workout, gainers, creatine, functional foods and other specialty products. The Company sells largely to independent retailers via a network of domestic and international distributors and has a significant and growing presence in specialty retailers such as The Vitamin Shoppe, GNC and bodybuilding.com.
"We are excited by the opportunity to partner with current management and build upon Dymatize's past success. The Company's desire to produce high quality reasonably priced sports supplements products, its vertically-integrated model and its expansive international presence, make Dymatize a unique company in the sports supplements industry," said William D. Christ, a Senior Vice President at TA Associates who will join Dymatize's Board of Directors. "Imperial Capital's experience in the nutritional supplement sector provided significant value in our assessment of Dymatize and our understanding of its strong market positioning."
Brian Wood, Managing Director at Imperial Capital and lead investment banker on this transaction, added, "TA Associates is an ideal partner for Dymatize given its highly successful track record of investing in the consumer sector, and will be an effective partner to the Company in helping it continue with its history of strong growth."
"This transaction demonstrates Imperial Capital's expertise in the Health and Wellness industry and our ability to assist our clients with a range of M&A advisory services in our industry sub-verticals," said Jason Reese, Chairman and Chief Executive Officer of Imperial Capital.
Additional details of the transaction were not disclosed.
About Imperial Capital, LLC
Imperial Capital, founded in 1997, is a full-service investment banking firm with offices in Los Angeles, New York, San Francisco, Minneapolis, Boston and Houston. The firm currently employs over 170 professionals and offers a wide range of proprietary products and services to institutional investors, middle market companies, and private equity firms. Imperial Capital provides institutional clients research and sales and trading of high yield and distressed debt securities, bank debt, convertible bonds, preferred stocks, and equities. The firm provides middle market companies and financial sponsors with capital markets, merger and acquisitions, capital structure, restructuring and recapitalization advisory services. More information about Imperial Capital can be found at www.imperialcapital.com.
About TA Associates
Founded in 1968, TA Associates is one of the largest and most experienced middle market private equity firms. The firm has invested in over 400 companies and manages more than $16 billion in capital. With offices in Boston, London, Menlo Park and Mumbai, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. More information about TA Associates can be found at www.ta.com.
About Dymatize Enterprises, Inc.
Dymatize is a world-renowned sports nutrition manufacturer, producing both GMP Certified by NSF™ and pharmaceutical licensed quality sports nutritional products. The Company designs and manufactures over 200 different nutritional supplements to sustain, enhance and energize fitness enthusiasts of all levels worldwide. Dymatize is recognized as one of the few nutrition companies to own and run its own U.S. manufacturing plants, making Dymatize one of the most quality-controlled, innovative and independently tested brands of sport supplements available. For more information, please visit www.dymatize.com.
Contact Information:
For more information regarding Imperial Capital, please contact:
Tigist Gessesse
(310) 246-3605
tgessesse@imperialcapital.com