Natural Products Group, LLC
  • Business

    Natural Products Group, LLC (“NPG”) was the parent of Arbonne International, LLC (“Arbonne”) and Levlad, LLC (“Levlad”). Arbonne was a leading direct marketer of personal care products including skin and anti-aging creams, bath and body washes and nutritional products. Arbonne marketed these products through a growing, multi-level marketing network of over one million independent consultants in North America, Australia and the United Kingdom. Levlad was a leading manufacturer and marketer of natural and organic personal care products for its branded products business, Nature’s Gate, and for a growing base of private label customers, including Arbonne.

  • Harvest Partners Investment

    In November 2004, Harvest purchased NPG. To fund the acquisition Harvest arranged the debt financing, which included a senior credit facility and a mezzanine note. In addition, Harvest arranged equity co-investment capital for the transaction. Harvest completed three dividend recapitalizations of Natural Products Group in August 2005, January 2006, and June 2006 and exited in 2010.

  • Investment Thesis

    • Market leader
    • Attractive business model
    • Arbonne consultant base generates sustainable revenues and profit growth
    • Favorable industry dynamics
    • Geographic expansion potential