TA Associates Invests In OmniActive Health Technologies
TA Associates has acquired a significant stake in OmniActive Health Technologies, a provider of premium, scientifically-validated, natural nutraceutical ingredients.
“We believe that the nutritional ingredients space will see strong growth over the next decade. OmniActive has built a strong reputation and deep customer relationships by focusing on natural, R&D-led innovative ingredients. We look forward to working together with Mr. Mariwala and the OmniActive management team to further accelerate the growth in this business through organic levers and M&A,” said Naresh Patwari, a Director at TA Associates Advisory Private Limited.
“We are impressed by the quality of OmniActive’s business and customer franchise. We believe that OmniActive is well-placed to benefit from the strong growth in the nutraceuticals ingredients space, and look forward to our partnership,” said Dhiraj Poddar, a Managing Director at TA Associates Advisory Private Limited.
TA Associates was advised by Houlihan Lokey USA, Shardul Amarchand Mangaldas and PriceWaterhouse Coopers.
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