Europa Sports Products, a Charlotte, NC-based wholesale distributor of sports and fitness supplements, received an investment from Sheridan Capital Partners, a Chicago-based lower middle-market private equity firm.
The terms of the deal were not disclosed. Debt financing for the investment was provided by MidCap Financial.
Sheridan will merge the business of its existing portfolio company, Lone Star Distribution, a Dallas-based wholesale distributor of sports and fitness supplements, into the Europa platform.
Europa is a national specialty distributor of sports nutrition and fitness products, including protein powders, nutrition bars, sports drinks, sports performance supplements, vitamins, weight loss supplements, and meal replacements. The company services mass markets retailers, gyms, health food stores and specialty supplement retailers through seven distribution centers located in Charlotte, NC, Dallas, TX, Strongsville, OH, Fresno, CA, Windsor, CT, Orlando, FL, and Las Vegas, NV.