12 Nov, 2021

Everwell Health Holdings nets equity investment, debt

Everwell Health Holdings LLC, a new investment platform created by RoundTable Healthcare Partners, has received debt financing.

Simultaneous with its formation, Everwell Health acquired Nutrition21 LLC.

RoundTable said Everwell Health is the fifth equity investment from the firm's $700 million Equity Fund V, and that senior debt financing was provided by Capital One, National Association and included CIBC Bank USA, according to a company statement on Nov. 10. RoundTable Capital Partners III, RoundTable's captive subordinated debt fund, provided senior subordinated notes.

Nutrition21 develops and markets ingredients for use in dietary supplements, foods and beverages.