A seismic shift is taking place in the health, wellness, and personal care markets, as consumers, employers, and even governments search for alternatives to traditional healthcare treatments.
A seismic shift is taking place in the health, wellness, and personal care markets, as consumers, employers, and even governments search for alternatives to traditional healthcare treatments.
Much of this has been fueled by aging Baby Boomers, who are the nation’s most affluent demographic. Out of these 80 million Americans, controlling nearly 60% of U.S. financial assets, thousands are turning age 60 every day — and they don’t want to feel like it.
What’s more, as Gen Xers and Millennials watch their parents age, they also seek solutions. Factor in the 65% of Americans that are overweight or obese, and it should be no surprise the average household spends nearly $150 per month on wellness products and services.
This trend is too dynamic to ignore, which is why you’ll want to reserve the date of Thursday, May 10, to attend The Capital Roundtable’s all-NEW day-long conference on “Private Equity Investing in Health, Wellness, & Personal Care Companies.”
While this marketplace is rich with opportunities, it’s also highly fragmented, making it ideally suited for middle-market private equity firms who wish to gain a foothold — or expand their presence.
Some of its segments include weight management, nutraceuticals, healthy foods and snacks, recreational sports and fitness, alternative medicine, personal and beauty care, and related education and media. If you sum it all up, the combined market is estimated at over one trillion dollars and growing.
Jon Canarick, managing director at North Castle Partners in Greenwich, Connecticut, will chair this important event.
Jon has more than 10 years of consumer private equity investment experience. Since joining North Castle Partners in 2001, Jon has driven the execution of and actively managed North Castle’s investments across a variety of healthy living sectors. Jon currently sits on the boards of gloProfessional, Mineral Fusion, Flatout, International Fitness, and Performance Bicycle.
Prior to joining North Castle, Jon worked in the financial sponsors coverage and leveraged finance groups of Bear Stearns & Co., where he executed LBOs and provided advisory services for financial sponsors. Jon received a BBA from the University of Michigan and an MBA from Columbia Business School.
Please be sure to mark your calendar today for Thursday, May 10, 2012, and make plans to join us in New York City.
For more information, click here
