CCMP-backed Jamieson Wellness raises $300 mln from IPO

Vitamin and natural health products company Jamieson Wellness Inc (TSX: JWEL) has closed its initial public offering of common shares in Canada, raising more than $300 million. Of the total gross proceeds, about $55 million went to selling shareholders, including U.S. private equity firm CCMP Capital Advisors, which acquired the Windsor, Ontario-based company in 2014. Jamieson has also authorized a greenshoe option, which if fully exercised will provide CCMP with as much as $45 million in additional proceeds.

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