CG Sawaya Partners Advises DCP Capital Partners on its Announced Partnership with Jamieson Wellness Inc.​​​​​​​ to Support Strategic Growth in China

CG Sawaya Partners is pleased to announce that its client DCP Capital Partners (“DCP”), a leading international private equity firm with a long-term track record of success in Greater China and broader Asian markets, has entered into a partnership with Jamieson Wellness (“Jamieson Wellness”) (TSX:JWEL). In the agreement, DCP will contribute $35 million in USD in capital in exchange for a 33.3% share in the ownership structure of the Company’s Chinese operations. In support of Jamieson’s global health and wellness strategy, DCP will subscribe for $75 million in USD of preferred shares in Jamieson Wellness. In conjunction with these investments, DCP will subscribe for warrants to purchase a fixed number of common shares of Jamieson Wellness.

The partnership with DCP will accelerate Jamieson’s rapidly growing business in China and bring more world-class, high-quality vitamins, minerals, and supplements to a broader base of Chinese consumers. It will leverage Jamieson’s premium product portfolio, high-quality manufacturing, and R&D expertise combined with DCP’s deep local knowledge, exceptional track record of growing leading consumer businesses, and proven operational capabilities to enhance the Company’s strong organic growth in China.

Jamieson Wellness is dedicated to improving the world's health and wellness with its portfolio of innovative natural health brands. Established in 1922, Jamieson is the heritage brand of Jamieson Wellness and Canada's #1 consumer health brand. Jamieson Wellness also offers a variety of VMS products under its youtheory, Progressive, Smart Solutions, Iron Vegan and Precision brands.

DCP Capital is one of the leading international private equity firms founded by experienced private equity investors in Greater China. DCP is supported by a diverse group of world-class long-term institutional investors, including leading sovereign wealth funds, pension funds, endowments, family offices and funds of funds around the globe. Combining its global investment experience and extensive local network, the DCP team has accumulated deep industry knowledge and strong operational capabilities.