Jamieson Wellness
Ontario, Canada
FUND
CCMP III
ORIGINAL INVESTMENT
2014
STATUS
Realized
Partnered with new management team to drive growth through brand extensions and innovation, improved consumer marketing and more cost-efficient operations leading to a successful initial public offering in 2017
CCMP invested in Jamieson Wellness, the leading branded provider of vitamin, mineral and supplement (“VMS”) products in Canada, in 2014. Jamieson Wellness is Canada’s oldest and largest manufacturer and distributor of natural vitamins, minerals, concentrated food supplements, herbs and botanical medicines consistently providing innovative products of the highest quality, purity and safety.
CEO Corner
Mark Hornick, Former President & CEO of Jamieson, Executive Advisor of CCMP Growth
"CCMP's responsiveness, expert resources and transparent operating style have been absolutely essential in helping us to successfully put Jamieson on a path of rapid growth in a very short period of time."
Opportunity and Why CCMP
Attractive industry sector with strong secular growth drivers
A market leader in its core Canadian VMS markets with a long heritage of trust and purity
Multiple areas of opportunity to accelerate top and bottom line growth
Deep CCMP experience in wellness industry
Value Creation
Recruited experienced branded consumer products executives to lead management team
Drove growth through brand extensions, innovation and improved marketing
Accelerated R&D and built a robust pipeline of consumer-led new products
Instituted sourcing cost savings and manufacturing efficiencies
Executed accretive tuck-in acquisition
Results
Significant revenue and EBITDA growth during CCMP’s ownership
Successful initial public offering in July 2017 (TSX: JWEL) with full exit by October 2017
These endorsements are provided by certain current and former executive officers of portfolio companies that are or were previously owned by certain investment vehicles advised by CCMP Growth and CCMP Capital. None of the executive officers were directly compensated for providing these endorsements. However, as a result of the ownership structure of these portfolio companies and the controlling interest held by the funds advised by CCMP Growth and CCMP Capital, a conflict of interest exists because the executive officers have an incentive to make positive statements about CCMP Growth and/or CCMP Capital and their experiences with CCMP Growth and/or CCMP Capital to maintain the goodwill with CCMP Growth. Please refer to Terms of Use and Disclaimers for important information about CCMP Capital Advisors, LP and CCMP Growth Advisors, LP.
For illustrative purposes only. There can be no assurance any such value creation plan will ultimately be achieved as described herein. Certain statements herein reflect the subjective views and opinions of CCMP Growth and its personnel. Such statements cannot be independently verified and are subject to change. Please refer to Terms of Use and Disclaimers for important information about CCMP Capital Advisors, LP and CCMP Growth Advisors, LP. A complete list of CCMP Capital Advisors, LP investments is available on its website.
