Bettera Brands, LLC
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Bettera Brands, LLC - overview
Established
2017
Location
Plano, TX, US
Primary Industry
Food
About
Based in Texas, US, and founded in 2017 by Highlander Partners, Bettera Brands, LLC operates as a holding company for Bettera Wellness, Hillside, and Nutravail, which focuses on utilizing confection products as alternative delivery systems for vitamins, supplements, and minerals. The company has 500 employees and also has offices in Manassas, Virginia, Greendale, Indiana, South San Francisco, California, and Hillside, New Jersey, US as of 2021. Catalent, Inc. agreed to acquire Bettera Brands, LLC in 2021.
The firm manufactures gummy vitamins, lozenges, and soft chews. The company also allows its clients to develop their own customized products with the assistance of Bettera Brands, LLC's research and development and quality assurance team. Bettera Brands, LLC also offers packaging solutions including bulk, bottles, and flexible films. The company generated approximately USD 150 million in revenue in 2020.
Following its purchase agreement with Catalent, Inc. , Bettera Brands, LLC intends to use Catalent, Inc. 's resources to help its business continue to grow and meet client and consumer needs.
Primary Industry
Food
Sub Industries
Health Foods & Nutritional Supplements, Food & Beverage Distribution, Packaging
Website
www.bettera.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Bettera Brands, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Bettera Brands, LLC | - | ||||||||
| Add-on | Completed | Nutravail LLC | - | ||||||||
| Private Debt | Completed | Gimbal Brothers, LLC | - | ||||||||
| Buyout | Completed | Bettera Brands, LLC | - |
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