Morrison Foerster advised Paine Schwartz Partners, a global leader in sustainable food chain investing, in its acquisition of Promix Nutrition, a high-growth, better-for-you nutrition and supplements business by Paine Schwartz Food Chain Fund VI.
Founded in 2014, Promix is headquartered in Gainesville, FL and produces and markets high-quality and clean ingredient (“No Artificial Anything”) nutritional products, including supplements, vitamins, meal replacements, and better-for-you snacks. This strategic acquisition of Promix aligns with Paine Schwartz’s Health and Wellness core investment theme by providing access to high-protein, convenient, easy-to-prepare, low sugar, and highly nutritious options for consumers and builds upon Paine Schwartz’s successful track record of investing in the consumer and better-for-you food space, including its current investments in Suja Life and Urban Farmer.
The MoFo team was led by New York partners Omar Pringle and Mitchell Presser, Denver partner Finity Jernigan and Boston corporate associate Patricia Perez Elias. Valuable assistance was provided by New York executive compensation partner Domnick Bozzetti and Washington, D.C. employment + labor partner Michael Schulman.
Read the press release.
