AVENTURA, Fla. – Wm Partners, a certified diverse-owned private equity firm specializing in the health and wellness sector, has announced the successful closing of its second fund, HPH II, securing $550 million in commitments. This significantly surpasses the initial $400 million target, demonstrating strong investor confidence in wm partners and its focused investment strategy. The firm’s previous fund, HPH I, closed at $307 million in 2017 and was fully liquidated in 2018 for $700 million, showcasing WM Partners’ ability to generate substantial returns.
HPH II will continue wm partners‘ strategy of investing in and acquiring middle market companies with leading brands across the health and wellness landscape. The fund will concentrate on key sub-sectors including functional foods, natural personal care, and natural over-the-counter remedies. WM Partners aims to drive value creation through an operational buy and build approach, leveraging their deep sector expertise to grow portfolio companies. HPH II already boasts a robust portfolio of brands, including:
- Ultima Replenisher: A prominent hydration brand acquired in 2019.
- Great Lakes: A leading collagen brand acquired in 2020.
- Jade Leaf: A popular matcha brand acquired in 2020.
- FGO: A superfoods and tea brand acquired in 2020.
- Vega: A leading plant-based nutrition brand acquired in 2021.
- Raw Sugar: An innovative brand in natural personal care acquired in 2021.
HPH II garnered significant support from existing limited partners and attracted a substantial number of new investors. The investor base includes well-regarded public and private pension plans, fund of funds, insurance companies, endowments, foundations, global private equity investment and advisory firms, banks, family offices, and other institutional investors from both the U.S. and international markets, highlighting the broad appeal of wm partners‘ investment thesis.
Jose Minski, Co-Founder of WM Partners, expressed his gratitude: “We are deeply appreciative of the strong support HPH II received from both our returning and new investors. This successful fundraise is a clear validation of the strength of our team and our consistent commitment to meeting and exceeding investor expectations. At wm partners, we remain dedicated to our disciplined investment approach and our proven operational value creation process.”
Alejandro Weinstein, Co-Founder of WM Partners, further commented on the fund closing: “We are delighted to be partnering with world-class investors who recognize our ability to execute our investment strategy and deliver attractive, risk-adjusted returns. The entire team at wm partners is focused on ensuring the success of HPH II and solidifying our position as a leading private equity player within the dynamic health and wellness industry.”
About WM Partners, LP
WM Partners, founded and based in Aventura, FL, is a middle-market private equity firm with a specialized focus on buyout investments within the health and wellness sector. The firm actively seeks to acquire small and medium-sized businesses with strong growth potential, aiming to generate sustainable, long-term value. Wm partners leverages its deep operational expertise in the health and wellness market and employs a strategic business approach in close collaboration with experienced management teams. WM Partners is officially certified as a diverse-owned firm by the National Association of Investment Companies and is a signatory to the UN Principles for Responsible Investment, demonstrating their commitment to responsible and sustainable investment practices. Further information about wm partners is readily available at www.wmplp.com.
For media inquiries regarding this announcement, please contact:
WM Partners, LP
Anibal Montes
Email: [email protected]
Tel: +1 754-260-6514
