Swander Pace Capital, a private equity firm specializing in investments in consumer products companies, completed the acquisition of California-based Captek Softgel International, a Cerritos, California-based manufacturer of softgels for vitamin, mineral and supplement brands.
The amount of the deal was not disclosed.
The company intends to use the funds to continue to grow the business.
Led by David Wood, CEO, Captek Softgel International is a privately-owned, FDA registered and audited, GMP-certified, full service contract manufacturer and and supplier of softgels for vitamin, mineral and supplement brands across all key sales channels to the North American and international markets.
Previously owned by Prairie Capital and Skyline Global Partners, the company fully complies with FDA cGMPs and currently services more than 200 brands in 20 countries.