Science in Sport Group (SiS), the performance nutrition business behind leading brands Science in Sport and PhD, has secured a new financing arrangement.
The deal, with HSBC UK Leveraged Finance and Muzinich & Co.’s MLoan Parallel Lending, is for a suite of debt facilities in excess of £30 million.
The funding will support Science in Sport’s next phase of growth, accelerating investment in science-led innovation, international expansion, elite performance partnerships and digital capabilities.
The company says it is focused on building the world’s leading performance nutrition platform, serving everyone from elite athletes competing on the global stage to everyday participants pursuing personal performance goals.
Science in Sport develops evidence-based performance nutrition solutions across fuelling, hydration, recovery, protein and daily performance health. Through its Science in Sport and PhD brands, the business serves elite athletes, sports teams and health-conscious consumers seeking science-backed nutrition solutions.
Trusted by some of the world’s leading sporting organisations, SiS works across cycling, running, football, rugby and hybrid sport. Partnerships include British Cycling, Tottenham Hotspur, Saracens and the British & Irish Lions, alongside Britain’s most celebrated athletes, including Sir Chris Hoy, Dame Laura Kenny and Eilish McColgan. Overall, the business supports more than 350 professional teams and institutions globally and fuelled athletes who won 106 medals at the Paris Olympic Games.
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The refinancing comes at a significant moment for both the business and the wider performance nutrition category. Growing participation in sport, increasing focus on health and longevity, and rising consumer demand for evidence-based performance products are creating substantial opportunities for science-led brands.
SiS is investing behind its ambition to become the pre-eminent performance nutrition brand in the world, underpinned by scientific expertise, elite partnerships and category-defining innovation.
Dan Wright, Executive Chairman of Science in Sport, said: “We are delighted to have completed this financing and to welcome HSBC and Muzinich as key strategic partners for the next stage of Science in Sport’s growth.
“This funding provides a strong platform from which to accelerate our ambitions, invest further in our brands, innovation and capabilities, and continue strengthening our position as a global leader in performance nutrition.
“The confidence HSBC and Muzinich have shown in our business reflects the strength of our strategy, our people and the significant opportunities we see ahead. We look forward to working together as we continue to unlock the next phase of growth for Science in Sport.”
The financing reflects the continued confidence of leading institutional lenders in Science in Sport’s strategy, market opportunity and future growth prospects.