Lief Labs partners with Prairie Capital, Skyline Global Partners and S2G Ventures
New partnerships to provide recapitalization investments and strategic advisory support as Lief and the dietary supplement industry
pursue a trajectory of strong growth
VALENCIA, CA / ACCESSWIRE / October 26, 2021 / Lief Labs, a leading formulation and product development innovator and manufacturer of dietary supplements, is pleased to announce the successful recapitalization of Lief Labs through new partnerships with Prairie Capital, Skyline Global Partners, S2G Ventures , the management team of Lief Labs and the founder and CEO, Adel Villalobos.
This new collaboration will provide recapitalization investments and strategic advisory resources to Lief’s management team to support the company’s scalable growth. Lief will focus its growth strategy on key areas including technological innovation, expansion of raw materials and formulations business, supply chain management, human capital development, customer service resources, increased production capacity and world-class manufacturing operations and facilities.
According to the NBJ Supplement Business Report 2021, the supplement market grew by $ 7.08 billion in 2020, and NBJ is forecasting an additional $ 2.94 billion in 2021. In addition, the US market for vitamins, minerals and supplements (VMS ) is valued at $ 58 billion and has grown steadily over the past decade. Along with this growth and substantial industry forecast, Lief also saw significant year-over-year revenue growth. Looking ahead, Lief is well positioned to take advantage of the current dynamics in the dietary supplement market to continue to grow through the company’s contract manufacturing activities and help customers build leading brands. Further growth is expected through the development of internal Lief capabilities, such as its raw materials and ingredients division Lief Raws, and Lief’s True Stock inventory management program.
“We are extremely excited about Lief’s new partnerships with Prairie Capital, Skyline Global Partners and S2G Ventures, which come at a pivotal time for our organization as we seize the opportunities and meet the challenges that come with the rapid growth we are experiencing at Lief, and in our industry, ”said Adel Villalobos, CEO and Founder of Lief Labs. “The depth of expertise that each of our new partners brings to the table will significantly strengthen Lief’s already strong leadership team to move our business forward. The valuable recapitalization investments will also allow Lief to achieve new levels of success and innovation for our organization, as well as the customers and brands we serve. “
Lief’s current leadership team and management structure will not change as a result of the new partnerships, and Adel Villalobos will remain the CEO of Lief Labs. The new partnerships, which took effect on August 27, 2021, will improve Lief’s board structure, as Prairie Capital, Skyline Global Partners and S2G Ventures are now part of Lief’s new governance board and will also participate in the meetings. of the company’s advisory board to provide strategic support.
About Lief Labs
Lief Labs is a leading innovator in product formulation and development and manufacturer of dietary supplements. Our in-house product development and R&D team create the tastiest, most cutting-edge supplement formulations. Lief is also home to more than 220,000 square feet of new and fully renovated, full-service, state-of-the-art, Current Good Manufacturing Practices (cGMP) manufacturing facilities, which includes an analytical testing laboratory and a microbiology laboratory, and offers customized solutions for a multitude of supplement categories. Lief works with entrepreneurial businesses to help them build top brands. Our turnkey solutions allow us to engage in transparent partnerships that help brands evolve and grow sustainably. Lief welcomes the Beyond supps podcast that covers a wide range of topics such as entrepreneurship, social media, quality control, health and wellness and the impact of the dietary supplement industry around the world. The company is based in Valencia, California. For more information, please visit www.lieflabs.com.
About Prairie Capital
Founded in Chicago in 1997, Prairie Capital is a private equity fund with a long and successful track record of scaling up growth-oriented mid-market companies in partnership with talented founders and management teams. Since its inception, Prairie has invested over $ 1 billion in 99 platform companies. Prairie makes controlling equity investments in founder-owned companies that require start-up investments to help scale platforms to support accelerated growth. Prairie targets companies with less than $ 20 million in EBITDA that participate in growing sub-sectors of healthcare, consumer, business services, education, industry and healthcare. technology. More information about Prairie can be found at www.prairie-capital.com.
About Skyline’s Global Partners
Skyline Global Partners LLC is a private equity firm based in Chicago, Illinois. We focus on buyouts and investments in growth stocks on a controlling or minority interest basis in the United States and Canada. Skyline targets companies in the healthcare, manufacturing and distribution, business services, software / SaaS and e-commerce industries, consumer products and food / beverage / retail industries. agrifood. We partner with senior management teams to provide capital and strategic advice and leverage an extensive network of strategic co-investors, operational partners and executives to help grow and improve the business. shareholder value after investment. More information about Skyline can be found at: www.skylinegp.com.
About S2G Ventures
S2G Ventures is a multi-stage venture capital fund that invests in the food, agriculture, ocean and seafood markets. The fund’s mission is to catalyze innovation to meet the demands of consumers. consumers for healthy and sustainable food systems. S2G has identified sectors of the food system that are ripe for change and built a multi-stage portfolio comprising start-up, venture capital and growth investments. The main areas of interest for S2G are agriculture, oceans, ingredients, infrastructure and logistics, IT and hardware, food safety and technology, retail and restaurants, and consumer brands. For more information on S2G, visit www.s2gventures.com or contact us on Twitter and LinkedIn.
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