Growth Partners (“H.I.G.”), the dedicated growth capital      investment affiliate of H.I.G. Capital, announced today the creation of      Capstone Nutrition (“Capstone”), a new leader 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 with world-class formulation, product      development and production capabilities across 600,000 square feet of      manufacturing space. Research, development, formulation and manufacturing services for the nutrition industry remain highly fragmented, with varying levels of      quality, capability and service. “Capstone Nutrition is a new kind of partner for innovators in nutrition,” noted 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.”
About Capstone Nutrition
Capstone Nutrition is the leading pure-play, turnkey developer and      manufacturer of high quality nutrition and OTC products. Capstone is a      one-stop shop for innovators in nutrition, bringing to bear the      consolidated resources of Integrity Nutraceuticals and Cornerstone      Research and Development with state-of-the-art facilities in both Spring      Hill, TN and Ogden, UT. Since 1992, Capstone companies have been      conceiving, developing, producing, and packaging a wide range of      capsule, tablet, powder and OTC products for a variety of customers in      the United States and internationally. Capstone is well known for its      exceptional quality, and maintains several industry certifications      recognizing its high manufacturing standards, including NSF GMP, NSF for      Sport, and Australia’s Therapeutic Goods Administration (“TGA”)      certification. For more information, please visit www.CapstoneNutrition.com . About H.I.G. Growth Partners
H.I.G. Growth Partners is the dedicated growth capital investment      affiliate of H.I.G. Capital, a leading global private equity investment      firm with over $17 billion of capital under management. * We seek to make      both majority and minority investments in strong, growth oriented      businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company      and target investments in profitable growth oriented businesses with      between $10 million and $100 million in revenues. We consider      investments across all industries, but focus on certain high-growth      sectors where H.I.G. has extensive in-house expertise such as      technology, healthcare, internet and media, consumer products and      technology-enabled financial and business services. Growth Partners      strives to work closely with our management teams to serve as an      experienced resource, providing broad-based strategic, operational,      recruiting and financial management services from a vast in-house team      and a substantial network of third-party relationships. For more      information, please refer to the H.I.G. website at www.HIGgrowth.com . * Based on total capital commitments to funds managed by H.I.G. Capital      and its affiliates. Capstone Nutrition

Capstone Nutrition Unveiled as New Leader in Nutraceutical Product Development and Manufacturing

AAIPharma Services and Cambridge Major Laboratories Appoint Armando Cortes as Vice President of Global Manufacturing Operations
Peter Miller, CEO of the combined company, commented, “Cornerstone’s      impeccable reputation for pharmaceutical-grade quality, strong      innovation and manufacturing expertise make it a perfect complement to      our business. Additionally, having access to their extensive production      capabilities across a variety of product formats and being able to offer      our customers a bi-coastal manufacturing and distribution footprint is a      significant competitive advantage.”
“We are thrilled to combine our resources with Integrity,” said Mike      Beardall, President of the combined company. “This is great news for our      customers and changes the game for nutritional supplement manufacturing. With expanded capacity, enhanced capabilities, and new product      development resources, we will continue to build on Cornerstone’s strong      heritage of providing best-in-class services to our customers.”
Research, development, formulation and manufacturing services for the nutrition industry remain highly fragmented, with varying levels of      quality, capability and service. “This is a bellwether event in the      evolution of the nutrition industry,” noted board member Greg Horn, an      experienced nutrition executive who has previously served as the CEO of      both General Nutrition Centers and Garden of Life. “Compliance and      enforcement have raised the bar for manufacturers, and this merger      creates a formidable player with a critical mass of scale and      capabilities in an otherwise fragmented segment of the market. It will      be a one-stop shop for innovators in nutrition.”
About Cornerstone Research and Development
Headquartered in Ogden, UT, Cornerstone is one of the leading      “pure-play” manufacturers in the vitamin, mineral, and supplement      industry. Founded in 1992, Cornerstone develops, produces, and packages      a wide range of capsule, tablet, and powder products for a variety of      customers in the United States and internationally. Cornerstone is well      known for its exceptional quality, and maintains several industry      certifications recognizing its high manufacturing standards, including      NSF GMP, NSF for Sport, and Australia’s Therapeutic Goods Administration      (“TGA”) certification. For more information, please visit www.crdius.com . About Integrity Nutraceuticals
Headquartered in Spring Hill, TN, Integrity Nutraceuticals provides      turn-key product development and value-added manufacturing services to      branded nutritional supplement companies. Founded in 1999, Integrity      develops, produces, and packages a wide range of powder and capsule      products for a number of industry leaders, with particular expertise in      sports nutrition. Integrity is well renowned for its industry leading      in-house development laboratory and extensive quality control systems,      and has proudly been NSF GMP and NSF for Sport compliant since 2008. For      more information, please visit http://www.integritynutmfg.com . About H.I.G. Growth Partners
H.I.G. Growth Partners is the dedicated growth capital investment      affiliate of H.I.G. Capital, a leading global private equity investment      firm with over $15 billion of capital under management. We seek to make      both majority and minority investments in strong, growth oriented      businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company      and target investments in profitable growth oriented businesses with      between $10 million and $100 million in revenues. We consider      investments across all industries, but focus on certain high-growth      sectors where H.I.G. has extensive in-house expertise such as      technology, healthcare, internet and media, consumer products and      technology-enabled financial and business services. Growth Partners      strives to work closely with our management teams to serve as an      experienced resource, providing broad-based strategic, operational,      recruiting and financial management services from a vast in-house team      and a substantial network of third-party relationships. For more      information, please refer to the H.I.G. website at www.HIGgrowth.com . H.I.G. Growth Partners

Integrity Nutraceuticals and Cornerstone Research & Development Merge to Form Leader in Nutraceutical Product Development and Manufacturing

Integrity Nutraceuticals and Cornerstone Research & Development Merge      to Form Leader in Nutraceutical Product Development and Manufacturing
April 29, 2014 06:00 AM Eastern Daylight Time
SPRING HILL, Tenn.--( BUSINESS WIRE )--Integrity Nutraceuticals (“Integrity”), a portfolio company of H.I.G. Growth Partners, has merged with Cornerstone Research and Development,      Inc. (“Cornerstone”). Based in Ogden, UT, Cornerstone is a leading      developer and manufacturer of nutritional supplements and OTC products. The merger, in combination with an expansive capital investment program,      will create world-class formulation, product development and production      capabilities across 600,000 square feet of manufacturing space. The      combined scale and breadth of services spanning both the Tennessee and      Utah facilities will be unparalleled in the industry and will enable the      combined company to offer a unique value proposition to customers. Peter Miller, CEO of the combined company, commented, “Cornerstone’s      impeccable reputation for pharmaceutical-grade quality, strong      innovation and manufacturing expertise make it a perfect complement to      our business. Additionally, having access to their extensive production      capabilities across a variety of product formats and being able to offer      our customers a bi-coastal manufacturing and distribution footprint is a      significant competitive advantage.”
“We are thrilled to combine our resources with Integrity,” said Mike      Beardall, President of the combined company. “This is great news for our      customers and changes the game for nutritional supplement manufacturing. With expanded capacity, enhanced capabilities, and new product      development resources, we will continue to build on Cornerstone’s strong      heritage of providing best-in-class services to our customers.”
Research, development, formulation and manufacturing services for the      nutrition industry remain highly fragmented, with varying levels of      quality, capability and service. “This is a bellwether event in the      evolution of the nutrition industry,” noted board member Greg Horn, an      experienced nutrition executive who has previously served as the CEO of      both General Nutrition Centers and Garden of Life. “Compliance and      enforcement have raised the bar for manufacturers, and this merger      creates a formidable player with a critical mass of scale and      capabilities in an otherwise fragmented segment of the market. It will      be a one-stop shop for innovators in nutrition.”
About Cornerstone Research and Development
Headquartered in Ogden, UT, Cornerstone is one of the leading      “pure-play” manufacturers in the vitamin, mineral, and supplement      industry. Founded in 1992, Cornerstone develops, produces, and packages      a wide range of capsule, tablet, and powder products for a variety of      customers in the United States and internationally. Cornerstone is well      known for its exceptional quality, and maintains several industry      certifications recognizing its high manufacturing standards, including      NSF GMP, NSF for Sport, and Australia’s Therapeutic Goods Administration      (“TGA”) certification. For more information, please visit www.crdius.com . About Integrity Nutraceuticals
Headquartered in Spring Hill, TN, Integrity Nutraceuticals provides      turn-key product development and value-added manufacturing services to      branded nutritional supplement companies. Founded in 1999, Integrity      develops, produces, and packages a wide range of powder and capsule      products for a number of industry leaders, with particular expertise in      sports nutrition. Integrity is well renowned for its industry leading      in-house development laboratory and extensive quality control systems,      and has proudly been NSF GMP and NSF for Sport compliant since 2008. For      more information, please visit http://www.integritynutmfg.com . About H.I.G. Growth Partners
H.I.G. Growth Partners is the dedicated growth capital investment      affiliate of H.I.G. Capital, a leading global private equity investment      firm with over $15 billion of capital under management. We seek to make      both majority and minority investments in strong, growth oriented      businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company      and target investments in profitable growth oriented businesses with      between $10 million and $100 million in revenues. We consider      investments across all industries, but focus on certain high-growth      sectors where H.I.G. has extensive in-house expertise such as      technology, healthcare, internet and media, consumer products and      technology-enabled financial and business services. Growth Partners      strives to work closely with our management teams to serve as an      experienced resource, providing broad-based strategic, operational,      recruiting and financial management services from a vast in-house team      and a substantial network of third-party relationships. For more      information, please refer to the H.I.G. website at www.HIGgrowth.com . Contacts

Mar 11, 2014, 7:05am CDT Updated: Mar 11, 2014, 7:13am CDT
Integrity Nutraceuticals signs big Spring Hill lease
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Maury County's Integrity Nutraceuticals is consolidating its headquarters, manufacturing and distribution operations at the former Penske Logistics building in Spring Hill. The Tennessean reports that the company, which supplies ingredients to the nutritional supplement industry, has signed a lease for the 328,000-square-foot building. The building has been vacant for almost seven years, according to The Tennessean. The company, which relocated from Florida seven years ago, is currently located in several buildings in Maury County. Integrity Nutraceuticals has about 450 full-time and temporary employees, according to The Tennessean. Industries:


Integrity Nutraceuticals signs big Spring Hill lease

Growth Partners, the growth investment affiliate of H.I.G. Capital, has recapitalized F.H.G. Corporation (also known as Integrity Nutraceuticals), a product development manufacturer for the nutritional supplement industry. Integrity was represented by Partnership Capital Growth, a boutique investment bank. Miller Martin served as legal counsel to Integrity and McDermott Will & Emery served as legal counsel to H.I.G. Press Release
H.I.G. Growth Partners (“H.I.G.”), the dedicated growth capital investment affiliate of H.I.G. Capital, a leading global private equity investment firm, is pleased to announce that it has completed the recapitalization of F.H.G. Corporation, dba Integrity Nutraceuticals (“Integrity” or the “Company”), a turn-key product development and value-added manufacturer serving the $32 billion nutritional supplement industry. “Peter and his team have established Integrity as one of the leaders in a rapidly growing and evolving industry”
Founded in 2000 and headquartered in Spring Hill, TN, Integrity is one of the leading providers of product formulation, manufacturing and distribution services to a diverse customer base of nutritional supplement brands. Integrity identifies, sources and tests each ingredient, develops custom formulations and flavor profiles and ultimately delivers fully packaged products ready for end-user consumption. Integrity is well renowned for its state-of-the-art, GMP-certified laboratory and manufacturing facilities that ensure the highest level of quality while delivering rapid turnaround times. Peter Miller, CEO of Integrity, commented, “We are very excited about this next stage for Integrity. Our partnership with H.I.G. will provide us with the financial and operating resources that will enable us to accelerate growth and more importantly, better serve our customers.”
“Peter and his team have established Integrity as one of the leaders in a rapidly growing and evolving industry,” added Mark Tricolli, a Managing Director with H.I.G. Growth Partners. “We are very excited to be working with the Integrity team, and look forward to further expanding the Company’s infrastructure and capabilities to enable it to remain on the cutting edge of product formulation, to continue delivering the highest standards of quality, and to meet ever growing customer demand.”
Integrity was represented by Partnership Capital Growth, a full-service boutique investment bank that focuses exclusively on the healthy, active and sustainable living marketplace. Miller Martin PLLC, served as legal counsel to Integrity, and McDermott Will & Emery, LLP served as legal counsel to H.I.G. About Integrity Nutraceuticals
Headquartered in Spring Hill, TN, Integrity Nutraceuticals provides turn-key product development and value-added manufacturing services to branded nutritional supplement companies. Integrity identifies, sources and tests each ingredient, develops custom formulations and flavor profiles and ultimately delivers fully packaged products ready for end-user consumption. Integrity is well renowned for its industry leading in-house laboratory and extensive quality control systems, and has proudly been NSF GMP compliant since 2008. For more information visit http://www.integritynutmfg.com. About H.I.G. Growth Partners
H.I.G. Growth Partners is the dedicated growth capital investment affiliate of H.I.G. Capital, a leading global private equity investment firm with over $13 billion of capital under management. We seek to make both majority and minority investments in strong, growth oriented businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company and target investments in profitable growth oriented businesses with between $10 million and $100 million in revenues. We consider investments across all industries, but focus on certain high-growth sectors where H.I.G. has extensive in-house expertise such as technology, healthcare, internet and media, consumer products and technology-enabled financial and business services. Growth Partners strives to work closely with our management teams to serve as an experienced resource, providing broad-based strategic, operational, recruiting and financial management services from a vast in-house team and a substantial network of third-party relationships. For more information, please refer to the H.I.G. website at www.HIGgrowth.com. Leave a Reply

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Growth Partners recaps Integrity Nutraceuticals
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F.M.G. Corporation, dba Integrity Nutraceuticals, provides turn-key product development and value-added manufacturing services to branded nutritional supplement companies. Integrity identifies, sources and tests each ingredient, develops custom formulations and flavor profiles and ultimately delivers fully packaged products ready for end-user consumption. Integrity is well renowned for its industry leading in-house laboratory and extensive quality control systems, and has proudly been NSF GMP compliant since 2008.

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