CSG Partners Advises Life's Abundance in a 100% Sale to ESOP

Nov 05, 2013, 06:30 ET from CSG Partners, LLC

NEW YORK, Nov. 5, 2013 /PRNewswire/ -- CSG Partners, LLC, served as the exclusive financial advisor to Life's Abundance, in its recent transaction involving an Employee Stock Ownership Plan (ESOP). Life's Abundance is a leading premium pet and health products distributor and were recently named one of the top 50 Florida Companies to Watch.

"CSG Partners is privileged to have advised Life's Abundance on the ESOP transaction, a highly strategic financial transaction that both meets corporate objectives and incentivizes employees," said Eitan Milstein, Managing Director at CSG Partners.  "It was a pleasure to work with Life's Abundance and its highly talented management team, and it is most rewarding to see the company achieve this groundbreaking milestone. Life's Abundance choice of CSG Partners as exclusive financial advisor is another testimonial to CSG's dedication to providing clients with the best and most sophisticated investment banking services for ESOP transactions."

Lester Thornhill , CEO of Life's Abundance explained, "Our new ownership structure promises great things for the future of our company. For a transition of this complexity, it's hard for me to imagine doing this without the assistance of CSG Partners. Their unwavering commitment to get the job done has been an invaluable asset. It's a meaningful change for all of our hardworking, dedicated employees who now share ownership in the company they helped to build."

About Life's Abundance

Life's Abundance, Inc. is a leading premium pet and health products distributor. Since its inception in 1998, the company has followed the three pronged business philosophy of producing premium‐quality pet, health, and planet (environmentally‐friendly household) products.  Life's Abundance is the first in the pet foods industry to employ a network marketing sales model which allows it to deliver fresh and higher‐quality products combined with superior customer service. Moreover, the company pioneered the inclusion of antioxidants, prebiotics, and probiotics in pet food formulas and maintains strict guidelines, permitting only healthy ingredients in its products.


CSG Partners, LLC is a boutique investment bank specializing in ESOPs, mergers and acquisitions, and capital advisory services for middle-market companies. Our clients have spanned the full middle-market spectrum, with values ranging from $10 million to $600 million. Founded in 2001, the firm has built a reputation of having the nation's preeminent ESOP investment banking practice. The firm has closed over 120 ESOP transactions for companies with an aggregate value exceeding $7 Billion. CSG Partners operates from offices in New York and San Francisco. More information on the firm can be found at www.csgpartners.comLinkedIn, and Twitter.