Swander Pace Capital Acquires Captek Softgel International

Pace Capital
, a leading private equity firm specializing in
investments in consumer products companies, today announced it has
completed the acquisition of California-based Captek
Softgel International

Captek, previously owned by Prairie Capital and Skyline Global Partners,
is a leading manufacturer and distributor of softgels for vitamin,
mineral and supplement (“VMS”) brands across all key sales channels to
the North American and international markets. The company currently
services more than 200 brands in 20 countries.

“Captek has established itself as a world-class manufacturer and
marketer of specialized softgel products for domestic and international
VMS brands,” said Corby Reese, a managing director at Swander Pace
Capital. “We are extremely impressed with Captek’s management team and
look forward to working with them to build upon Captek’s strong
positioning and success.”

“I am extremely excited to announce this transaction and partnership
with Swander Pace Capital,” said David Wood, CEO of Captek. “The firm
has an incredible track record growing companies in the consumer
products industry, and I look forward to partnering with them to enhance
our market leadership as one of the top softgel companies in the world.”

“Captek is poised for significant growth with its high quality
manufacturing, formulation expertise, and unparalleled customer
service,” added Mark Poff, a managing director at Swander Pace Capital.
“While the VMS category has strong growth, softgels are growing even
faster due to their multiple end-use applications, high potency, and
ease of swallowing, and we see Captek on the leading edge of that

Kirkland & Ellis LLP served as the legal advisor to Swander Pace Capital
on the acquisition.

About Swander Pace Capital

Swander Pace Capital is a leading private equity firm specializing in
investments in growth-oriented, middle-market consumer companies in
North America and the United Kingdom. With cumulative equity commitments
of approximately $1.3 billion, for the past 19 years Swander Pace
Capital has used its expertise in this industry to pursue a consistent
strategy of acquiring or investing in consumer products companies with
leading market positions in attractive, defensible niches. Swander Pace
Capital has led successful private equity investments in consumer
companies with total revenues in excess of $2.0 billion. With staff in
San Francisco, New Jersey, and Ontario (Toronto), Swander Pace Capital
provides portfolio companies with a unique mix of financial, strategic,
and tactical support to create long-term value. For more information,
visit www.spcap.com.

About Captek Softgel International

Captek Softgel International, Inc. (CSI) is a privately-owned, FDA
registered and audited, GMP-certified, full service contract
manufacturer of custom dietary supplement formulations. CSI features
high efficiency encapsulation lines operating 24/5, capable of producing
over three billion softgels annually. The facility encompasses
approximately 85,000 square feet of production, analytical laboratory,
pilot laboratory, and warehousing space. Captek fully complies with FDA
cGMPs and has been independently certified by NSF International. For
more information, visit www.capteksoftgel.com.


LANE (on behalf of Swander Pace Capital)
Amber Roberts, 212-302-5964