New York, NY – August 27, 2013 – Seven Mile Capital Partners Founders Fund LP, an affiliate of Seven Mile Capital Partners (“Seven Mile”), a leading middle - market private equity firm, has sold its interest in Nellson Nutraceutical, LLC (“Nellson” or the “Company”) to affiliates of Kohlberg & Company. Terms of the transaction were not disclosed.
Nellson is the leading formulator of branded and private - label nutritional bar and functional powder products in North America. The Company develops and manufactures
nutritional bars and functional powders in a wide variety of ingredient formulations and product formats for its customer base of consumer packaged goods companies and retailers across the wellness, sp
orts nutrition, weight control, athletic/energy, and medical nutrition end-markets.
About Seven Mile
Seven Mile Capital Partners is a New York City based private equity firm that seeks to acquire either control or substantial influence of both individual companies as well as portfolios of companies. Seven Mile Capital Partners focuses on underappreciated companies and opportunities in the Business Services, Financial Services and Industrial Industries Seven Mile Capital Partners, working in partnership with experienced management teams, focuses on companies where new capital, management alignment and a long-term investment horizon can help achieve superior investment returns.
More information on Seven Mile Capital Partners can be found at www.sevenmilecp.com.
Seven Mile Capital Partners, LP