Linden Capital Partners LLC has acquired Merical Inc., a maker and packager of dietary supplements, for an undisclosed amount. The deal supports the buyer’s “subsector-driven strategy” to expand its investments within the manufacturing industry.
Orange, California-based Merical, founded by Dean Baltzell, develops and packages pharmaceutical pills and other nutritional supplements out of its four facilities in California. The target’s products include probiotics, multivitamins and powder-filled capsules. As part of the deal, Baltzell will remain on the company’s board and Linden operating partner Brian Smith will step in as interim CEO.