{"id":390043,"date":"2020-11-30T17:13:03","date_gmt":"2020-11-30T22:13:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390043"},"modified":"2020-11-30T17:13:03","modified_gmt":"2020-11-30T22:13:03","slug":"new-mountain-completes-acquisition-of-natrol","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-mountain-completes-acquisition-of-natrol\/","title":{"rendered":"New Mountain Completes Acquisition of Natrol"},"content":{"rendered":"

<\/p>\n

New Mountain Completes Acquisition of Natrol <\/b><\/p>\n

New Mountain Adds #1 Natural Sleep and Mood Brand to its Wellness Platform<\/i><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nAn affiliate of New Mountain Capital, LLC (\u201cNew Mountain\u201d) announced the completion of its acquisition of Natrol, a leading vitamins, minerals and supplements brand, focused on sleep, mood & stress and brain health. New Mountain intends to combine Natrol with Jarrow Formulas (\u201cJarrow\u201d), another New Mountain portfolio company.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201130005958\/en\/<\/a><\/p>\n

\nHeadquartered in Los Angeles, CA, Natrol is a leading vitamins, minerals and supplements brand focused on vital human health areas including sleep, mood & stress, brain health, beauty and immunity. Founded in 1980, Natrol has grown to be the #1 natural sleep brand*. Natrol is trusted by consumers across the globe and has an established reputation for scientific efficacy, high quality and innovation.\n<\/p>\n

\n\u201cThroughout its history, Natrol has stood for the highest quality products designed to drive positive outcomes and enhance quality of life for its users,\u201d said Andre Moura, Managing Director at New Mountain Capital. \u201cWe thank Aurobindo for their stewardship of Natrol over the past six years, and we look forward to working closely with the management teams at Natrol and Jarrow Formulas to build upon Natrol\u2019s strong momentum and drive continued growth and market-leading innovation.\u201d\n<\/p>\n

\n\u201cThis transaction brings two powerful brands under one company,\u201d said Ojesh Bhalla, CEO of Jarrow. \u201cNatrol is a market leader in the sleep segment with a growing presence in relaxation and beauty, all of which are complementary to the Jarrow Formulas brand strength in probiotics, bone health and heart health segments.\u201d\n<\/p>\n

\n\u201cWith the support of New Mountain Capital and the partnership with Jarrow, I am excited and encouraged by future growth prospects,\u201d added Andrew Houlberg, President of Natrol. \u201cWe look forward to driving the company to new heights.\u201d\n<\/p>\n

\nSimpson Thacher & Bartlett LLP acted as legal counsel, and PJ SOLOMON served as the sole financial advisor to New Mountain Capital. Jefferies served as the sole financial advisor to Aurobindo, and Sullivan & Cromwell LLP acted as legal counsel to Aurobindo.\n<\/p>\n

\n*Source: IRI SPINS\n<\/p>\n

About New Mountain Capital:<\/span><\/b><\/p>\n

\nNew Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity, and credit funds with over $28 billion in assets under management. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit www.newmountaincapital.com<\/a><\/p>\n

About Aurobindo Pharma Limited:<\/span><\/b><\/p>\n

\nAurobindo Pharma Limited (www.aurobindo.com<\/a>) (NSE: AUROPHARMA, BSE: 524804, Reuters: ARBN.NS, Bloomberg: ARBP:IN), headquartered at Hyderabad, India, manufactures generic pharmaceuticals and active pharmaceutical ingredients. The company\u2019s manufacturing facilities are approved by several leading regulatory agencies like US FDA, UK MHRA, Japan PMDA, WHO, Health Canada, MCC South Africa, ANVISA Brazil. The company\u2019s robust product portfolio is spread over 7 major therapeutic\/product areas encompassing Antibiotics, Anti-Retrovirals, CVS, CNS, Gastroenterologicals, Anti-Allergies and Anti-Diabetics, supported by an outstanding R&D set-up. The Company is marketing these products globally, in over 150 countries.\n<\/p>\n

Disclaimer:<\/span><\/b><\/p>\n

\nThis press release contain statements that may constitute \u201cforward looking statements\u201d including and without limitation, statements relating to product characteristics and uses, sales potential and target dates for product launch , implementation of strategic initiatives, and other statements relating to our future business developments and economic performance. While these forward looking statements represent our judgment and future expectations concerning the development of our business, a number of risks, uncertainties and other factors could cause actual developments and results to differ materially from our expectations. The company undertakes no obligation to publicly revise any forward looking statements to reflect future events or circumstances and will not be held liable for any use of this information.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201130005958\/en\/<\/a><\/span><\/p>\n

\nNew Mountain Capital
\n
Dana Gorman \/ Claire Walsh
\n
Abernathy MacGregor
\n
Phone: 212-371-5999
\n
Email: dtg@abmac.com<\/a> \/ cw@abmac.com
\n<\/a><\/p>\n

Aurobindo
\n
Krishna Kiran
\n
Aurobindo Investor Relations
\n
Phone: 040-66725401\/6725000
\n
Mobile: +91 98486 67906
\n
Email: ir@aurobindo.com<\/a><\/p>\n

KEYWORDS:<\/b> California New York United States India North America Asia Pacific<\/p>\n

INDUSTRY KEYWORDS:<\/b> Alternative Medicine Professional Services Health Fitness & Nutrition Finance Pharmaceutical Banking<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
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New Mountain Completes Acquisition of Natrol New Mountain Adds #1 Natural Sleep and Mood Brand to its Wellness Platform NEW YORK–(BUSINESS WIRE)– An affiliate of New Mountain Capital, LLC (\u201cNew Mountain\u201d) announced the completion of its acquisition of Natrol, a leading vitamins, minerals and supplements brand, focused on sleep, mood & stress and brain health. New Mountain intends to combine Natrol with Jarrow Formulas (\u201cJarrow\u201d), another New Mountain portfolio company. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201130005958\/en\/ Headquartered in Los Angeles, CA, Natrol is a leading vitamins, minerals and supplements brand focused on vital human health areas including sleep, mood & stress, brain health, beauty and immunity. Founded in 1980, Natrol has grown to be the … <\/p>\n

Continue reading “New Mountain Completes Acquisition of Natrol”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390043","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Mountain Completes Acquisition of Natrol - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-mountain-completes-acquisition-of-natrol\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Mountain Completes Acquisition of Natrol - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Mountain Completes Acquisition of Natrol New Mountain Adds #1 Natural Sleep and Mood Brand to its Wellness Platform NEW YORK–(BUSINESS WIRE)– An affiliate of New Mountain Capital, LLC (\u201cNew Mountain\u201d) announced the completion of its acquisition of Natrol, a leading vitamins, minerals and supplements brand, focused on sleep, mood & stress and brain health. New Mountain intends to combine Natrol with Jarrow Formulas (\u201cJarrow\u201d), another New Mountain portfolio company. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201130005958\/en\/ Headquartered in Los Angeles, CA, Natrol is a leading vitamins, minerals and supplements brand focused on vital human health areas including sleep, mood & stress, brain health, beauty and immunity. 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