McColl Partners, LLC acted as financial advisor to the special committee of independent directors (the "Special Committee") of USANA Health Sciences, Inc. ("USANA"). The Special Committee was formed to evaluate the tender offer presented by majority shareholder Dr. Wentz (Chairman and CEO) - along with certain other shareholders (collectively the "Offer Participants") - in an effort to take the company private.
Drawing from our industry experience, knowledge of prevailing capital markets trends, and understanding of various capital providers, McColl Partners rendered an opinion to the Special Committee regarding the tender offer, deeming that, from a financial point of view, the consideration to be paid by the Offer Participants was inadequate. The tender offer was later terminated by the Offer Participants.
About USANA Health Sciences, Inc.
Based in Salt Lake City, Utah, USANA is a multilevel marketing company that produces various nutritional and skin-care products. Most of these products are manufactured in the United States and sold in thirteen international markets.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about our Consumer Group, please contact Lorin DeMordaunt at (704) 333-0525. More information about McColl Partners can be found at www.mccollpartners.com.








