1、Internal Use3VITAMINS&SUPPLEMENTS M&A TRENDS HIGHER,HEADWINDS REMAIN FOR BRANDED PRODUCTSVITAMINS&SUPPLEMENTS SECTOR UPDATE|JUNE 2025Internal UseTABLE OF CONTENTSLisa TolliverManaging Director773-791-CONTACT OUR VITAMINS&SUPPLEMENTS SECTOR BANKERKey Sector TakeawaysDifferentiation Paramount as Brand

2、ed Players Face HeadwindsData Analytics Enhance Contract Manufacturing OperationsM&A Activity Rises,Buyers Target Contract Manufacturers Notable Vitamins&Supplements Sector TransactionsSelect Vitamins&Supplements TransactionsSector Public Company Data by SegmentVitamins&Supplements Report Contributo

3、rsFirm Track RecordCapstones Proprietary Research Reveals Top Services in DemandEndnotes4567891012131415Internal UsePreliminary AnalysisFeasibility StudyESOP ImplementationDesign&ExecutionESOP ATransaction AdvisoryInterim ManagementAdvisory ServicesPerformance ImprovementLitigation SupportFinancial

4、AdvisoryEquity AdvisoryDebt AdvisoryInfrastructure FinanceCapital AdvisorySell-side AdvisoryBuy-side AdvisoryRecapitalizationsMergers&Joint VenturesMergers&AcquisitionsSign Up for Sector Insights.Delivering timely,sector-specific intelligence to your inboxOne of our core capabilities is to deliver s

5、ector-specific intelligence designed specifically for sector leaders,private equity firms and their advisors.Our sector reports and featured articles deliver real-time access to key sector data including:Emerging sector trendsAcquirer and investor appetitesMergers&acquisitions market analysisNotable

6、 transactionsPublic company dataReceive email updates with our proprietary data,reports,and insights as theyre published for the sectors that matter to you most.A DIFFERENT KIND OF FIRM.BUILT FOR THE MIDDLE MARKET.SubscribeCapstone Partners,a subsidiary of Huntington Bancshares Incorporated(NASDAQ:H