Juice Plus+ Transaction

Transaction Announcement

Juice Plus+, a storied direct seller of whole-food, plant-based nutritional supplements, successfully completed an out-of-court recapitalization, including a new money investment by the Company’s sponsors. Upon consummation of the transaction, the Company eliminated approximately $320mm of its $675mm of debt obligations.  In concert with a $30mm equity capital infusion by the sponsors, the Company’s senior lenders extended maturities and secured several economic and collateral protection enhancements.  With these alterations, the Company will have additional operating flexibility to execute on its business strategies. 

GLC served as the exclusive financial advisor to the Term Loan Lenders.  The recapitalization was fully consensual and achieved 100% consent from the lending group.

GLC Advisors Overview

GLC Advisors & Co. is a leading independent investment banking advisory firm, delivering objective, senior-level expertise to successfully execute lower middle market to large cap financial advisory engagements for our clients. Founded in 2009, GLC delivers conflict-free counsel on restructurings and other complex or special situation mandates. Today, GLC serves clients in a variety of advisory capacities including mergers & acquisitions, equity and debt capital advisories, restructurings and recapitalizations, fairness opinions, and valuations. Our offices are located in New York, Denver, Los Angeles, and San Francisco.