Florida-based portfolio company Wellnext acquires collagen brand NeoCell

By Adi Menayang contact

- Last updated on GMT

Portfolio company Wellnext acquires collagen brand NeoCell

Related tags: Dietary supplement industry, Dietary supplement, Bone

Wellnext announced it is acquiring the 20-year-old company NeoCell, which specializes in collagen-based supplements for joint, bone, and muscle health.

The acquisition fits in Wellnext’s series of strategic moves, by way of acquisitions, to expand its presence in the dietary supplement industry. Other recent acquisitions include Nutri-Health Supplements and Sedona Labs back in 2014. Financial details were not disclosed.

"NeoCell complements Wellnext's portfolio of brands, expanding it into the fast-growing collagen category while diversifying the company's product category focus,"​ Jose Minski, CEO of Wellnext, said in a press release. "We are excited to work with NeoCell's industry-leading products for beauty, bone and joint health."

Wellnext is a portfolio company owned by an affiliate of Ft. Lauderdale-based private equity firm WM Partners, LP, which focuses on investing in middle-market companies in the health and wellness sector.

With the acquisition of NeoCell, Wellnext now has a portfolio of supplements for joint, bone, and muscle health using formulas based on ingredients such as collagen, biotin and hyaluronic acid.

"We are very excited to partner with Wellnext and gain the support of its operational and commercial capabilities to further expand NeoCell,"​ said Sarah Quadri, NeoCell's Chief Operating Officer. "We are confident that Wellnext will provide unique manufacturing, product development, and market expansion capabilities to support NeoCell's next phase of growth."

PNC Business Credit, a division of PNC Bank, and McLarty Capital Partners were the lead funding agents. Pepper Hamilton LLP served as Wellnext's legal advisor on the transaction.

Related news

Show more

Related products

show more

Protein blends for beverages with wider appeal

Protein blends for beverages with wider appeal

Nellson | 09-Sep-2021 | Case Study

Consumers want it all: protein beverages with plant-based ingredients that have the same appealing taste, texture and appearance of 100% dairy-based drinks....

Vitamin K2 Amplifies Vitamin D3’s Impact

Vitamin K2 Amplifies Vitamin D3’s Impact

NattoPharma – Gnosis by Lesaffre | 06-Sep-2021 | Data Sheet

Few vitamins work better together than Vitamins K2 and D3. Both fat-soluble vitamins play a central role in how the body utilizes calcium, synergistically...

Absocurcumin® - A Botanic Joint Health Ingredient

Absocurcumin® - A Botanic Joint Health Ingredient

BOTANIC HEALTHCARE (NZ) LTD | 02-Sep-2021 | Clinical Study

ABSOCURCUMIN® is a clinically proven standardized phytochemical composition derived from Turmeric, Curcuma longa. In a controlled study of 30 adults aged...

It’s time to redefine mobility

It’s time to redefine mobility

BIOIBERICA, S.A.U. | 13-Jul-2021 | Insight Guide

At Bioiberica, we’re tapping into the demand for holistic health solutions with a new identity for our Healthcare branded ingredients – starting with mobility....

Related suppliers

Follow us

Products

View more

Webinars