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Twin Labs targeting international expansion, acquisitions as vehicles for future growth.

This article was originally published in The Tan Sheet

Executive Summary

TWIN LABORATORIES TARGETS INTERNATIONAL EXPANSION, ACQUISITIONS as vehicles for future growth following an infusion of cash through a succession arrangement announced March 12. Under the agreement, the five Blechman brothers, sons of Twin Labs' founders, and private merchant banking firm Leonard Green & Partners will acquire the supplement manufacturer and its affiliated businesses from the company's founders, David and Jean Blechman, for approximately $225 mil. in cash. The transaction is expected to close in 60 days.
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