Boulder, CO — New Hope Network, part of Informa PLC, has acquired the assets of San Diego, CA-based Nutrition Capital Network (NCN). NCN was found in 2007 and facilitates financing, partnering and asset sales for growth companies in the natural products, nutrition and health and wellness industry by connecting investors with high-potential growth companies through a current schedule of four annual investor meetings and year-round networking. The nearly 50 Cornerstone Investor members include major multinationals and their venture investing arms, as well private equity firms, family funds, venture capital firms and angel investors.
By joining New Hope, NCN will be able to leverage the exposure of its numerous trade shows and far-reaching media platform that helps grow industry companies to benefit current investors and attract new ones. “NCN will benefit from significantly enhanced deal flow that will broaden and deepen the reach of the network and offer our Cornerstone Investor members greater exposure and access to opportunities,” said Grant Ferrier, chief executive officer of NCN in a press release.
As part of New Hope, NCN will also be able to expand its current lineup of investor meetings and educational events. The two have already partnered since 2012 on the popular Pitch Slams that take place at Natural Products Expo East and West. In 2017, the Pitch Slams will be expanded to provide greater value to presenting companies and investors.
“Our goal remains the same: to introduce investors to the next generation of successful brands, ingredients and technology in the nutrition and health and wellness industry. With New Hope we believe we will be in a stronger position to achieve that goal on behalf of the thousands of early-stage companies in our industry, the hundreds of investors dedicated to health and wellness, as well as society at large,” explains Ferrier.