On December 23, 2024, USANA Health Sciences announced the acquisition of a 78.8 percent controlling ownership stake in Hiya Health Products, a leading direct-to-consumer provider of high-quality children’s health and wellness products. The $205 million cash transaction was completed on the same date and is anticipated to be accretive to USANA’s 2025 adjusted EBITDA. Wilson Sonsini Goodrich & Rosati advised USANA on the transaction.
The strategic acquisition will broaden USANA's reach of health-conscious consumers and diversify the company's distribution channels. Hiya's co-founders Darren Litt and Adam Gillman will continue to lead the company.
The Wilson Sonsini team that advised USANA on the transaction includes:
Corporate/M&A
Marc Porter
Brian Keyes
Nikkisha Smith Howard
Austin Wolfe
Brayden Call
Michael Anderson
Capital Markets
Nathan Robinson
Antitrust and Competition
Jamillia Ferris
Kimberley Biagioli
FDA/Regulatory
Eva Yin
Regulatory
Stephen Heifetz
Seth Cowell
Anne Seymour
Bryan Poellot
Technology Transactions
Alex Key
Aleksandar Vitomirov
Kimberly Parry
Employment and Trade Secret Litigation
Matt Gorman
Quinn Christie
Employee Benefits and Compensation
Brandon Gantus
Michael Montfort
Jason Chan
Tax
Jonathan Zhu
Jason Sacks
Han Shen
Real Estate
James McCann
Moncarol Wang
Trademark
Aaron Hendelman
Chelsea Carbone
Data, Privacy, and Cybersecurity
Matthew Staples
Michael O'Brien
Dantam Le
Corporate - Delaware
Adrian Broderick
Sara Pollock
For more information, please see USANA’s news release.