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Airborne, Inc., maker of dietary supplements that support immune health, today announced that it has been purchased by GF Capital Private Equity Fund, LP, a New York City-based private equity firm. Terms of the deal were not d
http://www.pharmiweb.com/pressreleases/pressrel.asp?ROW_ID=8301
Dietary supplement maker Airborne Inc. announced Monday that it has been acquired by New York private-equity firm GF Capital Private Equity Fund for an undisclosed amount.
http://twincities.bizjournals.com/twincities/stories/2009/10/12/daily2.html?ana=from_rss
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MINNEAPOLIS, Oct 12, 2009 (BUSINESS WIRE) --
Airborne, Inc., maker of dietary supplements that support immune health, today announced that it has been purchased by GF Capital Private Equity Fund, LP, a New York City-based private equity firm. Terms of the deal were not disclosed. Stockton Road Capital, LLC, advised and partnered with GF Capital with respect to this investment.
Airborne is a dietary supplement that was created by a school teacher to help support her immune system. The supplement is a proprietary blend of 17 vitamins, minerals and herbs. The key ingredients in Airborne have been shown to help support the immune system as shown in scientific studies and medical journals. Airborne products can be found in food, drug and mass retailers across the United States and Canada.
GF Capital has named Martha (Marti) A. Morfitt as Airborne's new chief executive officer. Ms. Morfitt most recently served as chief executive officer and a director of CNS, Inc., a publicly traded marketer of consumer health care products. During her nine-year tenure, Ms. Morfitt and her team successfully completed a performance turnaround at CNS, returning the company to profitability and transforming it into a growing consumer health products company with flagship brands that include Breathe Right(R) nasal strips and FiberChoice(R) daily fiber supplement brands. CNS was sold to GlaxoSmithKline in December 2006.
"This is an exciting time to step into this role for Airborne," said Ms. Morfitt. "The company is a leader in nutritional supplements that support immune health, an increasingly important category as consumers come to appreciate the benefits of a healthy lifestyle. Our management team and GF Capital are committed to the long-term, profitable growth and expansion of the Airborne brand."
Said Neil Shapiro, co-founder and managing director GF Capital, "Airborne occupies a unique place in the nutritional supplement market. We firmly believe in the company and its products, and believe that there's tremendous opportunity for us to grow together. As CEO, Marti has a proven ability to lead companies to profitable growth, expanding their brands and product offerings in the process. We have the utmost confidence in the Airborne team."
Sawaya Segalas & Co., LLC[1], a leading consumer investment banking firm, acted as exclusive financial advisor to Airborne Health, Inc., in connection with the transaction.
About GF Capital
GF Capital Management & Advisors, LLC, makes private equity and real estate investments, and provides comprehensive wealth management and financial advisory services to its clients. The senior investment team at GF Capital has over two decades of experience investing its own capital as principals, as well as capital on behalf of clients in private equity transactions. The GF Capital Private Equity Fund, LP, principally makes growth capital investments in the branded consumer products, and media and entertainment sectors.
About Stockton Road Capital
Stockton Road Capital is a specialized private equity investment firm and advisor that focuses on the consumer products industry. Visit the firm online at: www.stocktonroadcapital.com.
About Airborne
Airborne develops and sells innovative dietary supplements throughout the United States and Canada. Our Airborne health formula is designed to support customers' immune systems through its unique combination of vitamins, nutrients and proprietary blend of herbal extracts. Headquartered in Minneapolis, Minn., with facilities in Carmel, Calif., visit Airborne online at www.airbornehealth.com.
[1] Securities offered through Sawaya Segalas Securities, LLC.
SOURCE: Airborne, Inc.
At Airborne: Marti Morfitt, CEO, 612-235-3800 mamorfitt@airbornehealth.com or At GF Capital: Neil Shapiro, 212-433-1233 nshapiro@gfcap.com or At Padilla Speer Beardsley: Matt Sullivan, 612-455-1709 msullivan@psbpr.com
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Graco Graco Worldwide Home | About Graco | Investor Relations | Employment | Suppliers/Partners | Help | GEDI Products Where to Buy Customer Service Tech Support Site Map Contact Us Search Site Advanced Search Select a location Africa Asia Pacific Australia Europe Latin America Middle East New
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External Nasal Dilator Loyalty Club, Namely Organization of a Consumer Group Within the Framework of Purchasers of Nasal Dilators, Nasal Decongestant and Snore Relief Products Who Receive Rewards and Benefits Based On the Frequency of Their Purchases
These beads would only last a few days before they had to be re-applied by a professional. Due to the inconvenience and cost of an office visit, patients would often have to use other means to control symptoms between appointments. So Dr.
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Breathe Better. Sleep Better.® is a registered trademark used for Throat Spray Product Designed To Reduce or Eliminate Snoring External Nasal Dilator Pillows Pillow Cases, Bed Linens and Mattress Covers and owned by CNS, Inc..
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CNS, Inc. Type: Public Company Address: 4400 West 78th Street, Minneapolis, Minnesota 55435, U.S.A. Telephone: (612) 820-6696 Fax: (612) 835-5229 Web:
... you to explore our Open Positions section to learn about our current openings. For more information about career opportunities with CNSI, contact our HR Department at HR@cns-inc.com
Computer Network Solutions, Inc. (CNS) is an IT Consulting firm located outside of Austin, Texas in the Leander/Cedar Park area. We are dedicated to assisting small businesses ...