FitLife Brands将收购Irwin Naturals

2025-08-05 18:17

FitLife Brands (NASDAQ:FTLF) has entered into definitive documentation and received requisite approvals to acquire substantially all the assets of Irwin Naturals and its related affiliates under Section 363 of the US Bankruptcy Code.
The purchase price of $42.5 million includes about $16 million of net working capital and equates to a pre-synergy acquisition multiple of less than 6x EBITDA.
The transaction will approximately double the size of the company, with consolidated revenue for the combined business anticipated to be exceeding $120 million for the first full year of operation.
The adjusted EBITDA of the combined business is anticipated to be between $20-25 million for the first full year of operation.
The all-cash transaction, with no shares being issued by FitLife, is expected to be accretive to existing shareholders once all transaction-related costs have been expensed.

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