TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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March 8, 2021
Source: FocalPoint Partners, LLC
Vitamin Discount Center (“VDC,” or, the “Company”) has been acquired by reCommerce, a portfolio company of Topspin Consumer Partners (“Topspin”). FocalPoint Securities, LLC (“FocalPoint”) served as exclusive financial advisor to Vitamin Discount Center in connection with the transaction.
Vitamin Discount Center is a leading software-enabled e-commerce seller and B2B services provider to industry leading brands in the vitamins, supplements, and health and beauty industries. The Company sells on Amazon, Walmart.com, ebay.com, and other e-commerce platforms and provides fulfillment services to support its brand partners’ DTC channels.
A family-owned and operated business since 1998, VDC has been a pioneering third-party seller on Amazon and other e-commerce marketplaces for over a decade, evolving from its early days in traditional retail in the health and wellness space. The Company sought to partner with a complementary business to deliver even greater service to its customer base, often consisting of extraordinarily long relationships.
“Over a decade-long relationship, FocalPoint truly understood our business and was able to execute on a comprehensive, but highly efficient process,” said Michael Gore, President of Vitamin Discount Center.
Clay Bryan, Managing Director at FocalPoint, commented, "Michael Gore and the team at VDC have always been innovators in their field, which is evidenced by the proprietary technology enablement the business operates on today and the longevity of their customer relationships. We are thrilled by the partnership with reCommerce and Topspin, and look forward to what the future holds for the combined companies.”
About Vitamin Discount Center
Since its founding in 1998, Vitamin Discount Center has been committed to improving the health of its customers by supplying a full spectrum of vitamins, supplements, health and beauty, and sports nutrition products across e-commerce marketplaces, as well as through retail stores. From its origins as a brick and mortar retailer, VDC has grown to become a leading full-service agency for brands on Amazon, as well as other e-commerce websites. With the assistance of proprietary software, VDC provides end-to-end listing, marketing, and supply chain management for its brand name customers looking to sell through both FBA and FBM channels. For more information, please visit vitamindiscountcenter.net.
About FocalPoint Partners
FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings, and special situation transactions. With offices in Los Angeles, Chicago, New York, and Shanghai, the firm provides global advisory services to a variety of middle-market clients across eight industry sectors: aerospace and defense, business services, consumer, energy, financial services, healthcare, industrials, and technology/media. To learn more, visit focalpointllc.com and follow us on LinkedIn and Twitter.
Please contact Clay Bryan, Managing Director, at 310-405-7085, or Nate Neubauer, Vice President, at 310-405-7033, for more information regarding this transaction.
