Miami, FL (January 15, 2026) – Boyne Capital (“Boyne”), a Miami, FL based private equity firm focused on lower middle market companies, is pleased to announce the sale of its portfolio company, Double Wood Supplements (the “Company”) to Gryphon Investors (“Gryphon”). Boyne acquired Double Wood Supplements in December of 2020.

Double Wood Supplements, headquartered in Philadelphia, Pennsylvania, is a leading vitamins, minerals, and supplements brand providing high-quality, science-backed, single ingredient supplements globally. The Company focuses on enabling individuals to address their unique health goals across sleep, healthy aging, active nutrition, brain health, immune support, and more. With a wide portfolio of more than 150 supplements addressing a breadth of health issues, the Company has developed a reputation for a high-level of ingredient transparency and quality while maintaining accessible prices.

Since partnering with CEO Eric Wenke to invest in Double Wood Supplements alongside founders Reese and Evan Wood, Boyne has worked closely with management to support the Company’s growth. During Boyne’s investment, the Company expanded product offerings from ~50 to over 150 SKUs, invested in the buildout of the Company’s physical plant, IT and human capital infrastructure, as well as developed new sales channels and international expansion. To support this growth, the Company invested significantly in corporate infrastructure, including the recruitment of a seasoned leadership team and holistic system upgrades to establish specialized data tools and operational visibility.

Eric Wenke, CEO of Double Wood Supplements, said, “Boyne has been a valuable partner to Double Wood as we expanded from a small three-person team, including the two Co-Founders, to a global brand with a phenomenal team, exceptional infrastructure and an innovative supplements portfolio. We are excited to move forward and continue building on our great foundation with Gryphon Investors, and I am grateful to Boyne for their support. I would also like to thank our amazing Double Wood team that has allowed us to help millions of customers achieve their unique health goals across the globe.”

Derek McDowell, Boyne’s Managing Partner and CEO, said, “We thank the Double Wood management team for their tremendous efforts building the Company over the past five years, and Eric Wenke and Reese and Evan Wood for choosing Boyne Capital as their partner to realize their entrepreneurial dreams. The Company’s incredible growth is a testament to the business they created. We are proud of Boyne Capital’s ability to help enable founder-owned businesses to realize their full potential. This transaction is an amazing outcome for Double Wood shareholders, and we look forward to following their continued success.”

Jonathan Cohn, Boyne Principal, added, “Our partnership with the Double Wood team has been a fantastic ride, and we are grateful to Reese and Evan Wood for trusting Boyne as a partner and to Eric Wenke for stewarding the business to such heights. Collectively, we have dramatically increased the breadth and depth of the Company’s market presence and offerings, establishing the Company at the forefront of a rapidly growing industry.”

Adam Herman, Boyne’s COO, said, “The Double Wood story is another great example of Boyne’s operational model in action. When we partnered in 2020, the Company had established a unique ability to recognize underserved supplement markets and move quickly to capitalize on emerging demand. Leveraging Boyne’s operations and human capital resources, we established a top-tier executive team and operational capabilities that enabled the Company to scale while preserving the focus on high-quality products, ingredient transparency and innovation.”

Reese Wood, Founder, said, “We selected Boyne Capital and Eric as partners due to their complementary backgrounds and technical abilities which have enabled Double Wood to become a leading brand. My twin brother Evan and I had a vision to cultivate every individual’s ability to govern their unique health goals. We are so proud of what this team has accomplished, and we are excited to see what the future holds for Double Wood in the next leg of its journey with Gryphon.”

Susan Roddy and Preetam Talukdar from Perella Weinberg Partners served as lead financial advisors and McDermott Will & Schulte served as legal advisor to Double Wood Supplements.

About Boyne Capital

Boyne Capital is a Florida-based private equity firm focused on investments in lower middle market companies. Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, consumer products, niche manufacturing, and business and financial services among others. Beyond financial resources, Boyne provides industry and operational expertise to its portfolio companies and partners with management to drive both company performance and growth. Boyne specializes in providing the capital necessary to fund corporate growth and facilitate owners and shareholders’ partial or full exit. Contact Jonathan Cohn at [email protected] or 786.539.2246 with inquiries related to the sale.