Akoya Capital Partners, Lakeview Equity Partners and Grey Rock Capital Complete Acquisition of NutriScience Innovations
December 5, 2017 – Akoya Capital Partners, LLC, in partnership with Lakeview Equity Partners, LLC, Grey Rock Capital Group, LLC and current management, has acquired NutriScience Innovations, LLC (www.nutriscienceusa.com). NutriScience, based in Trumbull, CT is a market-leading supplier of specialty ingredients and functional raw materials to primarily supplement, food and beverage manufacturers.
Alan Yengoyan, Akoya Operating Partner, will serve as President of the Company. Alan has spent over 20 years in consumer businesses in a variety of roles as an executive, operator, consultant and manager. Most recently, Alan served as the General Manager and Vice President of Marketing at Optimum Nutrition and ABB Performance Beverages (divisions of Glanbia Performance Nutrition). “We are delighted to partner with Lakeview and Grey Rock and work with the existing management team in growing and expanding the company’s product lines, customer relationships and geographic footprint.”
NutriScience is Akoya’s 13th platform investment. “The NutriScience acquisition is consistent with our investment strategy of combining world-class executives, well-positioned companies, and fully developed value creation strategies to create significant value for management and investors,” said Max DeZara, Managing Partner of Akoya.
About Akoya Capital Partners
Akoya Capital is a sector focused investment firm that creates and nurtures partnerships between management and capital. With industry leading sector leaders, proprietary platform organizations, experienced management teams and co-investors, we collaborate on compelling value creation opportunities. Together, we develop and execute industry sector acquisition strategies that deliver significant, measurable value for management, partners and shareholders.
Led by the industry knowledge of our sector leaders, and CEO’s, we are highly selective in the sector-based investments we pursue. This exclusivity allows us to work with the finest companies from each industry. We currently focus on investments in the following sectors:
- Industrial – Specialty Chemicals, Industrial Products & Distribution
- Consumer – Foods & Products
- Professional Information Services
Ideal Target Company Characteristics
- $15 million to $150 million of sales
- $3 million+ of EBITDA
- Family held, owner/operator run, corporate carve-outs
- Management wants to remain with the business in some role & open to re-investment
If you know of a company that fits this profile, we would welcome the opportunity to discuss it with you. Please contact Chris Peterson at 312-546-8301 (firstname.lastname@example.org).