PARTNERSHIP CAPITAL GROWTH ACTED AS EXCLUSIVE FINANCIAL ADVISOR TO
MRS. GREENS AND PLANET ORGANIC
Mrs. Green’s Natural Market founder Harold Hochberger hired PCGA in late 2006 to explore strategic alternatives. PCGA subsequently led an extensive process that included both financial and strategic investors. Planet Organic acquired 100% of Mrs. Green’s in the third quarter of 2007. PCGA arranged and structured the debt to finance the acquisition in a highly efficient process, resulting in Ares Capital Corporation leading the financing with Partnership Capital Growth investing alongside.
About Mrs. Greens
Mrs. Green’s Natural Market is one of the leading natural and organic food retailers in the Northeastern U.S. The Company operates 11 stores located in the New York/Connecticut area. Mrs. Green’s Natural Market’s owners andfounders, Harold and June Hochberger, will be staying on to lead Planet Organic’s U.S. growth plans on the East Coast.
www.mrsgreens.com
About Planet Organic
Planet Organic Health Corp. (Toronto Venture Exchange: “POH”) is a natural products industry company, with manufacturing, distribution and retail arms. Planet is listed on the TSX Venture Exchange as a Tier One company. Planet operates eight natural food supermarkets throughout Canada under the Planet Organic Market banner. The Company also operates 50 natural health outlets under the Sangster's Health Centre banner and seven natural health outlets under the Healthy's banner. Another POH company, Trophic Canada, is the country's leading manufacturer of natural supplements. The Company has a total of 64 stores throughout Canada and 11 stores in the U.S.
www.planetorganic.ca
About Partnership Capital Growth
Partnership Capital Growth is a FINRA/SIPC licensed broker dealer that provides full service merger and acquisition, financing and capital structure advisory services to middle market companies. PCGA focuses exclusively on consumer products and services in the area of healthy, active and sustainable living. PCGA is based in San Francisco, California.
www.pcg-advisors.com
Please feel free to contact Brent Knudsen or Brian Smith at brent@pcg-advisors.com or brian@pcg-advisors.com to discuss this transaction.
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