CORRECTED – CORRECTED-UPDATE 1-PE firm North Castle sells Atkins Nutritional

(Corrects the name of private equity firm in headline and text
to North Castle Partners from North Capital Partners)

* Sells Atkins to Roark Capital Group

* Terms of the deal not disclosed

Dec 10 (BestGrowthStock) – North Castle Partners sold weight
control nutrition company Atkins Nutritional Holdings to
private equity firm Roark Capital Group for an undisclosed sum.

North Castle Partners, a private equity firm that
specializes in the healthy living consumer segment, did not
disclose the terms of the deal.

“I am very pleased to have Roark as a partner to support
the continued growth of the Atkins brand,” Atkins Chief
Executive Monty Sharma said in a statement.

Atkins sells its nutritional products at about 30,000
retail outlets throughout the United States and in over 20
countries around the world.
(Reporting by Sakthi Prasad in Bangalore; Editing by
Unnikrishnan Nair)

CORRECTED – CORRECTED-UPDATE 1-PE firm North Castle sells Atkins Nutritional