Business
The Healing Company acquires leading superfoods business, Your Super, and lands $150M credit facility to expand community of brands
The Healing Company acquires leading superfoods business, Your Super, and lands $150M credit facility to expand community of brands.
About this update from The Healing Company Inc.
[{"type":"text","content":"\n\n\n\nThe Healing Company acquires leading superfoods business, Your Super, and lands $150M credit facility to expand community of brands\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nThe Healing Company acquires leading superfoods business, Your Super, and lands $150M credit facility to expand community of brands\nPR Newswire\nNEW YORK, Oct. 17, 2022\n\n\n\nYour Super ranked #1 in the food and beverage category on Inc.'s 2021 5000 fastest growing company list, placing 25th overall with three-year revenue growth of 11,477 percent and $180M in cumulative revenueThe Healing Company and Your Super will partner to capitalize on two high-growth wellness sectors—superfoods and plant-based nutritionAcquisition financed through a combination of cash and equity in The Healing Company. Previous investors in Your Super include PepsiCo and Beyond Meat investor, PowerPlant Partners$150M credit facility from i80 Group will fuel further acquisitionsThe Healing Company is co-founded by former IMG Model and supplements entrepreneur Anabel Oelmann, and ex Jet.com and Equinox Media President Simon BelshamInvestors and advisors of The Healing Company include global wellbeing icon Dr. Deepak Chopra, MD, renowned investor and psychedelics entrepreneur Christian Angermayer, and Social Chain & Thirdweb founder and Dragons Den member Steven BartlettNEW YORK, Oct. 17, 2022 /PRNewswire/ -- (OTC: HLCO) -  The Healing Company has achieved a major milestone in its mission to bring integrated healing to the world, acquiring leading plant-based superfoods brand, Your Super. In parallel with the closing of the transaction, The Healing Company also announced the closing of a $150 million credit facility provided by i80 Group.\n\n \n \n\n \nWith previous fundraising from PepsiCo and Beyond Meat investor, PowerPlant Partners, Your Super has demonstrated the ability to grow quickly, while maintaining strong margins and a positive EBITDA outlook. The company has sold more than 5M products across the US and Europe, ranking 25th on the 2021 Inc. fastest growing companies list ...