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Highlander Partners Acquires Hilo Nutrition
Wednesday 16 September 2020

Dallas-based private equity firm Highlander Partners, L.P. has acquired Ohio-based nutrition and wellness company Hilo Nutrition, Inc., focussed on sports nutrition and performance, the company said.

Terms of the transaction were not disclosed.

The acquisition will provide consumers with novel alternatives to traditional powder supplements.

Hilo is positioned to benefit from its expanding portfolio of innovative products as well as the rapid growth in the performance nutrition category that is expected to continue in the foreseeable future.

Highlander's portfolio includes a variety of food, beverage, health and wellness companies across the world. Highlander plans to accelerate the growth of Hilo by targeting a larger but more focussed audience, continued innovation of its product offerings, strengthening its direct-to consumer business, and aggressively expanding distribution.

Highlander Partners, L.P. has approximately USD 2bn of assets under management. The firm focusses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience.
Date Published: 16/09/2020