Fulcrum Capital Partners Announces Equity Investment in Vitalus Nutrition
Fulcrum Capital Partners has made an equity investment in Vitalus Nutrition Inc. (Vitalus).
Based in Abbotsford, British Columbia, Canada, Vitalus is a leading supplier of specialty cream and milk protein ingredients for the food, beverage, and nutraceutical industries. Vitalus’ products are used in various applications such as baking, confections, dairy products, snack foods, infant formula, protein drinks, nutrition bars, and more.
Fulcrum has partnered with the management team to provide growth capital to support three strategic growth initiatives, including the expansion of the company’s milk protein concentrate production capabilities, the development of a process to produce a proprietary prebiotic fiber, and the construction of a Winnipeg facility for production of specialized dairy ingredients.
The investment was made by Fulcrum Capital's Private Equity Fund V. Vitalus marks the sixth platform investment made from Fund V, which closed in July 2015.