Confirmed Preliminary Control Announced Transaction verified Beverages Sports Nutrition

Orgain acquired by Nestlé Health Science

Nestlé Health Science agreed to acquire Orgain, a US protein & nutritional drinks brand, on Feb 2, 2022.

Preliminary: The transaction value is not yet independently verified.

Transaction summary

100% enterprise value

USD 2.0B

Unverified

100% enterprise value | USD

Basis: Estimated

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

1.5x

Period not stated

Basis: FundComb estimate

EV / EBITDA

22x

EBITDA basis not stated

Basis: FundComb estimate

The 1.5x revenue and 22.0x EBITDA multiples come from FundComb’s comps spreadsheet and are not confirmed by a public source; the price, revenue, EBITDA and period behind them are not stated. Butterfly announced the sale of a majority stake in Orgain to Nestlé Health Science (Business Wire, February 2022).