On July 21, 2017, NeoCell Corporation ("NeoCell" or the "Company") was acquired by Wellnext Holdings, LLC ("Wellnext"), a portfolio company of WM Partners LP ("WM Partners").

Duff & Phelps served as exclusive financial advisor to NeoCell in connection with the sale transaction.

About NeoCell Corporation

Based in Irvine, California, NeoCell is a leading collagen supplement brand in the U.S. Since its founding by Al Quadri in 1998, NeoCell has focused on supporting the body's collagen systems, such as those that maintain vibrant youth, radiant beauty, and total body wellness. Over the years, the brand has become a leading consumer source for NeoCell® Super Collagen™ Type 1 and 3, NeoCell® Super Collagen+C, NeoCell Beauty Bursts ® Gourmet Collagen Chews, NeoCell® Collagen+C™ Pomegranate Liquid and NeoCell Hyaluronic Acid Blueberry Liquid. Bryan Cave served as legal counsel to NeoCell.

About Wellnext Holdings, LLC

Headquartered in Sunrise, Florida, the Wellnext family of brands delivers research-backed nutritional supplements for every consumer life stage. Anchor brands within the Wellnext portfolio include a GMP-certified manufacturer with 30 years of leadership in supplement manufacturing, Rainbow Light®, Champion Performance®, and Natural Vitality®, among many other leading brands. Guided by three generations of family heritage, Wellnext is committed to the highest standards of corporate social responsibility, including product quality and purity testing, sustainability practices, and corporate giving programs to help foster a vibrant state of health in families everywhere. Pepper Hamilton served as legal counsel to Wellnext holdings.