Nutrition Business Journal
Nutrition Capital Network

Nutrition Capital Network news: Balance Water closes series A financing

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

Balance Water Inc. (West Orange, N.J.) has closed a Series A financing round from Emil Capital Partners, the financier Thomas H. Lee, and Australian actor Hugh Jackman. Balance is an unflavored functional beverage infused with wild harvested Australian flower essences for focus, relaxation, digestion and other physical and emotional benefits.

The company is aiming to expand beyond natural product channels into mainstream retail. “Balance is a unique, scalable beverage that we believe has the potential to be a world-class brand,” said Andreas Guldin, chief executive at Emil Capital. In 1992, Thomas H. Lee Partners bought Snapple for $135 million and two years later sold it to Quaker Oats for $1.7 billion. Balance Water was a presenting company at NCN VIII in New York in Spring 2011.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news.

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