Herbal Magic is a privately owned Southern Ontario-based franchisor of personal health counseling and herbal health supplement centres, primarily for weight loss. The Company has over 200 franchised locations through-out Canada and the United States.
Spara Capital Partners structured and arranged for the sale of Herbal Magic to Trivest Partners L.P., a private investment firm based out of Miami, Florida. Spara’s role included sourcing the buyer, structuring the transaction, negotiating the Letter of Intent and managing the due diligence process. This is the first of a number of succession and growth related transactions that Spara intends on completing in conjunction with private equity firms on both sides of the border.