11.13.14
H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, unveiled the creation of Capstone Nutrition, a new venture in nutraceutical and OTC development and manufacturing. Capstone has been created through the integration of H.I.G. portfolio companies Integrity Nutraceuticals in Spring Hill, TN and Cornerstone Research & Development in Ogden, UT. Capstone will compete as a consolidating player in the $35 billion U.S. dietary supplement market touting formulation, product development and production capabilities across 600,000 square feet of manufacturing space.
“Capstone Nutrition is a new kind of partner for innovators in nutrition,” said Capstone’s CEO Greg Horn, an experienced nutrition executive who has previously served as the CEO of both General Nutrition Centers and Garden of Life. “With deep research and development resources, a turnkey suite of services from product concept to market, and world class, purpose-built production capability in both the eastern and western United States, Capstone is a one-stop shop for the industry’s most successful product innovators. We are helping our customers bring nutrition to life.”
“Capstone is dedicated to our customers’ success, and does not compete with them by having our own brands,” added Peter Miller, Capstone’s chief Innovation officer. “We bring significant expertise and resources every step of the way, from our research development team to our brand new formulation and flavor lab to our state-of-the-art and fully certified manufacturing services. We grow with our customers, many of whom have been with us since their founding.”
“In a crowded field of smaller players, Capstone’s scale provides a competitive advantage to our customers,” noted Mike Beardall, Capstone’s president and COO. “From sourcing expertise to world class manufacturing to GMP compliance, our enterprise brings you all the advantages of working with a true leader. We have a full suite of certifications including NSF, NSF Sport, and TGA. We are qualified to produce organic, non-GMO, Halal and Kosher certified products, which helps us meet almost every customer need.”
“Capstone Nutrition is a new kind of partner for innovators in nutrition,” said Capstone’s CEO Greg Horn, an experienced nutrition executive who has previously served as the CEO of both General Nutrition Centers and Garden of Life. “With deep research and development resources, a turnkey suite of services from product concept to market, and world class, purpose-built production capability in both the eastern and western United States, Capstone is a one-stop shop for the industry’s most successful product innovators. We are helping our customers bring nutrition to life.”
“Capstone is dedicated to our customers’ success, and does not compete with them by having our own brands,” added Peter Miller, Capstone’s chief Innovation officer. “We bring significant expertise and resources every step of the way, from our research development team to our brand new formulation and flavor lab to our state-of-the-art and fully certified manufacturing services. We grow with our customers, many of whom have been with us since their founding.”
“In a crowded field of smaller players, Capstone’s scale provides a competitive advantage to our customers,” noted Mike Beardall, Capstone’s president and COO. “From sourcing expertise to world class manufacturing to GMP compliance, our enterprise brings you all the advantages of working with a true leader. We have a full suite of certifications including NSF, NSF Sport, and TGA. We are qualified to produce organic, non-GMO, Halal and Kosher certified products, which helps us meet almost every customer need.”
