Maxim Corporate Partners, LLC (“Maxim”) is thrilled to announce the sale of its ownership in Nutrasource Pharmaceutical and Nutraceutical Services Inc. (“Nutrasource”) to SGS SA (“SGS”), the world’s leading testing, inspection, and certification company.
In December of 2020, Nutrasource partnered with Maxim seeking an experienced strategic & financial partner that shared its focus on the Wellness category. Maxim, having invested in the sector for over 16 years, is highly engaged with the Wellness community and actively utilizes Nutrasource’s services through several of its portfolio companies.
Since solidifying the partnership, Nutrasource meaningfully diversified its customer base and grew revenues by nearly 50%, all while driving strategic initiatives such as developing its NutraStrong certifications platform and relaunching its phase I – IV clinical trials site as Apex Trials.
“The Nutrasource management team displayed unparalleled passion and integrity throughout our partnership,” said Gregg Wilson, Managing Partner at Maxim, “and with transparency and validation continuing to be two of the most important tenets of the nutrition sector, we expect Nutrasource to continue its impressive growth.”
Thank you to the Nutrasource team for the exciting partnership. We look forward to carrying on our relationship as a dedicated customer & look forward to seeing what the future holds in your partnership with SGS!
About Maxim Corporate Partners, LLC:
Maxim’s mission is to enrich lives through innovation in education and wellness. Maxim does this by partnering with entrepreneurial leaders in the Education and Wellness sectors, who are seeking additional resources in order to achieve their growth goals. For more information about a potential partnership with Maxim, please contact maxim@maximpartnersllc.com or visit www.maximpartnersllc.com.
← Back To News Page