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Private Equity Firm Buys Airborne

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By: Sean Moloughney

Editor, Nutraceuticals World

New York, NY-based private equity firm GF Capital Private Equity Fund, LP has purchased Airborne Health, Inc., the maker of dietary supplements marketed for immune health. Terms of the deal were not disclosed. Stockton Road Capital, LLC, advised and partnered with GF Capital with respect to this investment. GF Capital has named Martha Morfitt as Airborne’s new CEO. Ms. Morfitt most recently served as CEO and a director of CNS, Inc., a publicly traded marketer of consumer healthcare products. “This is an exciting time to step into this role for Airborne,” said Ms. Morfitt. “The company is a leader in nutritional supplements that support immune health, an increasingly important category as consumers come to appreciate the benefits of a healthy lifestyle. Our management team and GF Capital are committed to the long-term, profitable growth and expansion of the Airborne brand.”

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