PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Encore Consumer Capital sells Isopure to Glanbia plc

Private equity firm Encore Consumer Capital has completed the sale of The Isopure Company to Glanbia plc, the Ireland-based global performance nutrition and ingredients company, for USD153 million. 

Robert Brown, managing director of Encore Consumer Capital, says: "Isopure's founder Hal Katz decided to bring on a strategic and financial partner in 2007, and Encore was well positioned to help the company grow. We could not be more proud of what the team has accomplished in building the premier brand in protein-based sports nutrition."
 
"Encore provided strategic guidance and unwavering confidence in our team to execute our vision," says Hal Katz, founder and now-retired CEO of Isopure. “Over 30 years we built a high-performance culture and special brand based on quality and authenticity. We are delighted to see those things valued by a company as highly regarded as Glanbia."
 
Isopure will continue to be led by president Chris Hickey as part of Glanbia Performance Nutrition.
 
Sawaya Segalas provided strategic and financial advisory services to Isopure. Latham and Watkins acted as legal counsel to Isopure.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured