Imperial Capital Advises Amazing Grass in its Sale to Glanbia plc (LSE / ISE: GLB)

Imperial Capital, LLC announced that it served as the financial advisor to Amazing Grass in its sale to Glanbia plc (LSE:GLB) (ISE:GLB).  Subsequent to the transaction, Amazing Grass has become a subsidiary of Glanbia's Performance Nutrition division.

Founded in 2002, Amazing Grass is a pioneer in plant-based nutrition and the leading brand in the greens category.  With a mission of making daily whole food nutrition accessible, tasty and convenient, the company has developed a loyal and enthusiastic following and sells its greens and protein products across the FDM, natural, specialty and e-tail channels. Amazing Grass greens are USDA organic, Non GMO, kosher pareve, vegan and gluten free containing a variety of vitamins, minerals, plant based proteins and phyto-chemicals.

“The Amazing Grass brand and products has been one of my favorites in the nutrition category for the last 10 years.  The founders and their management team have built a special business and we are happy we could assist them in finding the best possible home for the brand to continue its growth and category leadership,” said Brian Wood, Managing Director in the Consumer Investment Banking Group at Imperial Capital.  John Mack, Managing Director and Co-Head of Investment Banking at Imperial Capital, added, “This transaction is representative of Imperial Capital’s expertise across various industries, and in particular our Consumer group’s knowledge and extensive relationships at all levels of the Health & Wellness sector." 

About Amazing Grass

Amazing Grass, based in Newport Beach, California, is a leading brand in the greens and plant-based food categories with a mission of making daily whole food nutrition accessible, tasty and convenient. Amazing Grass provides a range of powdered fruit and vegetable-based "greens" products, which are typically mixed in water or other liquids for a nutritious snack. The company also provides greens-based nutrition bars and plant protein powders. The company began with a strong base in natural and specialty stores, but has successfully crossed into e-commerce and conventional mass retail given its appeal to mainstream health-conscious consumers. More information about Amazing Grass can be found at www.amazinggrass.com.

About Glanbia

Glanbia plc, based in Ireland, operates as a leading global nutrition company. Glanbia operates in four segments: Glanbia Performance Nutrition, Global Ingredients, Dairy Ireland and Joint Ventures & Associates, which generate a combined €3.6 billion in revenue. Glanbia’s Performance Nutrition division is the #1 global performance nutrition brand with a portfolio that offers powders, bars and ready-to-drink beverages through various distribution channels. With the acquisition of Amazing Grass, Glanbia adds to its portfolio of nutrition brands including: Optimum Nutrition, BSN, Isopure, thinkThin, Nutramino, ABB, and trusource. More information about Glanbia can be found at www.glanbia.com.

About Imperial Capital, LLC

Imperial Capital, founded in 1997, is a full-service investment bank offering a uniquely integrated platform of comprehensive services to institutional investors and middle market companies. We offer sophisticated sales and trading services to institutional investors and a wide range of investment banking advisory, capital markets and restructuring services to middle market corporate clients. Paired with our proprietary research and sales & trading desk analysis, we provide investment analysis across an issuer's capital structure, including bank loans, debt securities, the hybrid/bank capital marketplace (through our ELP Framework), post-reorganization equities, special situations claims and listed and unlisted equities. Our comprehensive and integrated service platform, expertise across the global capital structure, and deep industry sector knowledge enable us to provide clients with research driven ideas, superior advisory services, and trade execution. We are quick to identify opportunities under any market conditions and we have a proven track record of offering creative, proprietary solutions to our clients.  More information about Imperial Capital can be found at www.imperialcapital.com.

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