01.06.22
Nutraceutical ingredient supplier Stratum Nutrition announced a new partnership with Chicago-based private equity firm Maxim Partners, which agreed to acquire 100% of the shares previously owned by Novus Nutrition Partners. Through this acquisition, Maxim has assumed majority ownership over Stratum Nutrition and will operate in partnership with ESM Holdings, LLC, which retains the remaining shares.
“We are very excited to have Maxim join our team,” Micah Osbourne, CEO at Stratum Nutrition, said. “The team at Maxim shares our values and is committed to growing our ability to supply our customers with high quality ingredients.”
“We are thrilled to be partnering with Stratum Nutrition and further intensifying our efforts within the nutrition sector,” Gregg Wilson, founder and managing partner at Maxim Partners, said. “We believe Stratum is uniquely positioned to grow as they continue to invest in manufacturing and R&D, but also as we work together to assume an acquisitive role within the ingredients sector. Micah and the Stratum team have demonstrated incredible character, determination, and knowledge of the industry, and we look forward to sharing in the next stage of this journey.”
Maxim Partners and Stratum Nutrition report that they will capitalize on the strengths of both companies to expand Stratum’s product portfolio, both organically and inorganically, and to invest in manufacturing to better serve Stratum’s global customer base.
“We are very excited to have Maxim join our team,” Micah Osbourne, CEO at Stratum Nutrition, said. “The team at Maxim shares our values and is committed to growing our ability to supply our customers with high quality ingredients.”
“We are thrilled to be partnering with Stratum Nutrition and further intensifying our efforts within the nutrition sector,” Gregg Wilson, founder and managing partner at Maxim Partners, said. “We believe Stratum is uniquely positioned to grow as they continue to invest in manufacturing and R&D, but also as we work together to assume an acquisitive role within the ingredients sector. Micah and the Stratum team have demonstrated incredible character, determination, and knowledge of the industry, and we look forward to sharing in the next stage of this journey.”
Maxim Partners and Stratum Nutrition report that they will capitalize on the strengths of both companies to expand Stratum’s product portfolio, both organically and inorganically, and to invest in manufacturing to better serve Stratum’s global customer base.
