Headquartered in Copenhagen, LifeCare Europe is a family-owned business with 26 employees that has acted as the European distributor for the science-based US vitamin brand, Life Extension\u00ae since 1995. LCE\u2019s offering contains more than 500 study-based supplements targeted at 24 specific health category goals. In addition to the Life Extension\u00ae US brand, LCE also acts as exclusive licensing and distribution partner to Quicksilver Scientific\u00ae, a specialist in liquid dosage forms. In 2022, LCE generated approximately EUR 15 million in sales, predominantly through D2C channels (web shop, Amazon) to a European customer base while enjoying excellent product reviews and strong customer loyalty.<\/p>\n
LCE developed a growth business plan designed to boost both LCE\u2019s online brand awareness and sales as well as to develop \u201cbrick-and-mortar\u201d sales channels in specific European markets.<\/p>\n
A joint German\/ Danish project team at Clairfield was appointed to manage this targeted capital raise from a carefully screened group of potential investors.\u00a0 As a crossborder specialist in healthcare, Clairfield was able to pull together an experienced Danish family shareholder, significant nutritional supplement sector know-how, and the correct team and investor mix to craft such a transaction. This process included the preparation of investor materials, moderation of meetings, management of due diligence and support in contract negotiations.<\/p>\n
Ultimately, the team assembled a small, private investor consortium with experience in the consumer healthcare and medtech distribution sectors. The private investor consortium has elected to remain anonymous.<\/p>\n
Brian Friis, MD of LCE says: \u201cWith this consortium of sector-savvy private investors, our desire for \u201csmart money\u201d \u2013 i.e. additional growth capital paired with sector competence and appropriate personal chemistry, has been entirely fulfilled. We are thrilled to commence our next phase of growth while maintaining our DNA as a family business that sells the best science-based supplements in the world.\u201d<\/p>\n","protected":false},"featured_media":56432,"template":"","country":[380,24],"office_involved":[381,362],"service":[5],"sector":[95],"transaction_format":[41,42],"class_list":["post-56406","transaction","type-transaction","status-publish","has-post-thumbnail","hentry","country-denmark","country-germany","office_involved-denmark","office_involved-germany","service-debt-capital-advisory","sector-consumer-retail","transaction_format-case-studies","transaction_format-track-record"],"acf":{"intro_text":"LifeCare Europe successfully raised growth capital from a private investor consortium.","image_mode":"double","transaction_image":56409,"text_between_images":"Growth capital raise","transaction_image_2":56421,"transaction_text":"Advisor to LifeCare Europe","similar_transactions":[37137,23219,23229,33523,55908],"team":[1305,1397,36970,36866]},"yoast_head":"\n