Modere has entered into an agreement to acquire the assets of SAVI Health International, LLC (“SAVI”), an innovative health and nutritional supplement company dedicated to bringing products to market that are supported by science-based research and strict manufacturing standards.
SAVI, which is driven by a “Build your Best Life” philosophy, is committed to improving the health and wellness of individuals and families all over the world. In partnership with Greg Horn, former Chief Executive Officer of General Nutrition Centers, SAVI developed all-natural wellness products formulated to address cellular health using naturally-occurring ingredients present in the Mediterranean diet. These nutrients include rich extracts of organic pea protein and acacia, natural olive oil actives that are approximately 200 times more bio-available than pure olive oil, and Berberine, a natural botanical that has been proven to reduce unwanted cravings. SAVI’s flagship product is M3, a proven three-step weight loss system purposefully developed to work synergistically with healthy lifestyle choices.
“We are thrilled to combine SAVI’s proprietary nutritional products with Modere’s exceptional portfolio of complementary offerings,” said Robert Conlee, Modere’s Chief Executive Officer. “SAVI’s strong science-based research and proven formulations fully align with Modere’s ‘Live Clean’ brand philosophy and strict ingredient safety standards… Importantly, this acquisition underscores the significant growth and progress Modere is experiencing and reflects our ongoing commitment to expanding our comprehensive line of safe and effective health and wellness product offerings.”
Mike Larkins, President of SAVI, said “We are pleased to have the opportunity to introduce our weight loss products into this paradigm and help individuals around the world achieve their health and wellness goals. Together with Modere’s ‘Live Clean’ philosophy, more people around the world will be able to benefit from SAVI’s ‘Build Your Best Life’ approach.”
James Zenni, President and Chief Executive Officer of Z Capital Group, said “Together with SAVI’s science-based approach to health and wellness, we see great opportunity for Modere to accelerate its growth in the U.S. and best position it for international growth. This is an exciting time for Modere, and we look forward to welcoming SAVI team members to our platform as part of this powerful combination.”
Modere (www.modere.com) offers a category-leading portfolio of Modere “Live Clean” lifestyle essentials beauty and personal care, health and wellness, and household products that are equal parts safe, high-performing, and beautifully designed. At Modere, we create more than just products; we create meaningful experiences. We believe modern health involves Modere “Live Clean”: pure nutrition, a clean environment, and safe ingredients across all products: consumable, topical and household. Modere brings a holistic approach to well-being and its products reflect a commitment to excellence and innovation, with tested formulas proven around the globe for more than 25 years. Modere is headquartered in Springville, Utah and its Marketing Center of Excellence and Public Relations is located in Newport Beach, California.
About Z Capital Group
Z Capital Group, L.L.C. (www.zcapgroup.net), together with its subsidiaries (collectively, “Z Capital”), is a leading global alternative investment manager with approximately $2.3 billion of regulatory assets under management with offices in New York, NY; Lake Forest, IL; and Zurich, Switzerland.
Z Capital manages opportunistic, value-oriented private equity and credit funds. Its investors include prominent global sovereign wealth funds, endowments, pension funds, insurance companies, foundations, family offices, and other institutions in North America, Europe, Asia, Africa and the Middle East.
About SAVI Health International
SAVI Health believes in personal development. The founders have spent their careers helping individuals and companies identify and live what matters most to them. They believe individuals are capable of achieving greatness in everything they pursue. The company is dedicated to bringing products to market that have science-based research, high manufacturing standards, and studies that confirm our products have real impact on the health-span of our customers.
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