Purity Life Health Products
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Purity Life Health Products - overview
Established
1984
Location
-, ON, Canada
Primary Industry
Food
About
Purity Life Health Products specializes in offering natural and organic health and wellness solutions, focusing on dietary supplements and personal care items that enhance overall wellbeing. Founded in 1984 in Acton, Canada, Purity Life Health Products provides health-focused offerings, primarily focusing on natural and organic goods. The company was acquired by Banyan Capital Partners in June 2012 for CAD 14. 7 million, reflecting a strategic pivot to strengthen its market position.
Paula Bertin and Shailendra Rawat are the founders, while Matthew James serves as the current CEO. Purity Life offers a range of health and wellness products, primarily focusing on natural and organic goods. Their core product lines include dietary supplements, personal care items, and natural health products designed to promote overall wellbeing. These offerings serve various end-use cases, such as enhancing nutritional health, improving skin health, and supporting a holistic lifestyle.
The primary customer base consists of health-conscious consumers and retailers that focus on natural products, including health food stores and online wellness platforms. These products are distributed across various geographical markets, including North America and select international regions, catering to a diverse clientele that values quality and sustainability in their health choices. Purity Life operates on a B2B model, engaging in transactions primarily with retailers and wholesalers to distribute its products. The revenue structure is based on bulk sales of their product lines to health stores and online retailers, which then offer them to end consumers.
In 2011, the company reported a revenue of CAD 58,260,000, driven by flagship products known for their quality and efficacy, contributing to a steady revenue stream from established and new partnerships. With plans to enhance its product portfolio, Purity Life is focused on launching several new health and wellness products in the upcoming months, aiming to meet evolving consumer needs. The company is also looking to expand into new markets, particularly targeting regions in Europe and Asia by the end of 2023. Recent funding from the CAD 14.
7 million Buyout in June 2012 will be utilized to support these initiatives, allowing for increased product development and promotional efforts in new geographic areas.
Current Investors
Banyan Capital Partners
Primary Industry
Food
Sub Industries
Health Foods & Nutritional Supplements, Medicinal Chemicals & Botanicals
Website
www.puritylife.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Purity Life Health Products - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | PSC Natural Foods Ltd | - | ||||||||
| Add-on | Completed | Ontario Natural Food Company | - | ||||||||
| Add-on | Completed | Horizon Grocery + Wellness Facility | - | ||||||||
| Add-on | Completed | Indigo Natural Products Management | - | ||||||||
| Buyout | Completed | Purity Life Health Products | - |
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