B Corp certified Californian brand Your Super has been acquired by New York-based The Healing Company.
The transaction – which was financed through a combination of cash and equity – coincided with the announcement that The Healing Company has closed on a $150 million credit facility provided by i80 Group, which will ‘fuel further acquisitions’ in 2023 as the company ‘builds a community of powerful healing brands’.
The purchase of Your Super serves to expand the brand’s growth and market impact, ‘building on the company’s traction to date’.
Michael Kuech – who co-founded Your Super with partner Kristel de Groot after being diagnosed with cancer at the age of 24 – says: “We are thrilled to enter this new chapter alongside The Healing Company and look forward to growing the healing impact of Your Super with the guidance of such a pioneering team; there couldn’t be a better partner to take us to the next level.”
With 100 million Americans in medical debt and facing a likely recession, preventative healthcare has never been more relevant
Commenting from The Healing Company, Simon Belsham, co-founder and CEO, adds: “Your Super is the perfect first acquisition for The Healing Company. With great founders, a powerful brand, robust margins and a fantastic product portfolio in a large and growing sector, Your Super couldn’t be better positioned to succeed in this challenging economy. With 100 million Americans in medical debt and facing a likely recession, preventative healthcare has never been more relevant or important. I couldn’t be more excited to partner with Kristel and Michael on this next phase of growth.”
Chief scientific advisor to The Healing Company, Dr Deepak Chopra, comments: “Food is medicine, and we now know definitively that plant-based nutrition has immense healing potential as it combats inflammation, which causes more than 80% of chronic disease. Your Super has developed clean, plant-based, superfood mixes that help more people benefit from the healing power of plants, and we’re excited to help increase access to their products through this acquisition.”