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MusclePharm Corporation is an American nutritional supplement company founded in 2006 and headquartered in Las Vegas, Nevada. The company develops, manufactures, markets, and distributes branded nutritional supplements in the form of powders, capsules, tablets, and gels. MusclePharm has been involved in several lawsuits, including one with Capstone Nutrition, which alleged a breach of contract and sought $65 million in damages. The company was also charged by the U.S. Securities and Exchange Commission (SEC) for accounting and disclosure violations. Despite these controversies, MusclePharm has a significant business presence in the US and international markets, serving various fitness enthusiasts.
| Characteristics | Values |
|---|---|
| Type of company | Private company |
| Industry | Pharmaceuticals |
| Year founded | 2006 |
| Headquarters | Las Vegas, Nevada |
| Founder | MusclePharm Corporation |
| Products | Nutritional supplements, powders, capsules, tablets, gels |
| Markets | US and international markets |
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What You'll Learn
MusclePharm's American roots
MusclePharm Corporation is an American nutritional supplement company founded in 2006 in Denver, Colorado, and was previously headquartered in Las Vegas, Nevada. In 2018, MusclePharm announced that it was relocating its headquarters from Denver, Colorado, to Burbank, California, as part of a restructuring deal. The company develops, manufactures, markets, and distributes branded nutritional supplements in the form of powders, capsules, tablets, and gels. Its customers include fitness enthusiasts, such as professionals in combat sports, weight training, bodybuilding, running, and various team and individual sports.
MusclePharm was first incorporated in 2006, and on February 18, 2010, it acquired Muscle Pharm, LLC, becoming a wholly-owned subsidiary. In 2021, MusclePharm named Sabina Rizvi its first president and CFO, and in 2023, the company appointed Eric Hillman as its CEO.
MusclePharm has faced several lawsuits and controversies. Protein supplement maker Hi-Tech Pharmaceuticals sued the company for allegedly inflating the protein levels in its Arnold Schwarzenegger Series Iron Mass product. Capstone Nutrition also sued MusclePharm for breach of contract, seeking $65 million in damages. Additionally, NSF International took legal action against MusclePharm for improperly using the "NSF Certified for Sport" mark, and the company was sued by the Tawnsaura Group for patent infringement.
Despite these setbacks, MusclePharm has continued to expand and diversify its operations. In 2013, the company acquired BioZone Laboratories, gaining access to its facility in Richmond, California, along with various technologies and product lines, including the Arnold Schwarzenegger series. MusclePharm has also attracted investments from companies such as Amerop Holdings, Iconic Private Equity Partners, and Magna Management, raising a total of $53.5 million.
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Manufacturing facilities in California
MusclePharm Corporation is an American nutritional supplement company that develops, manufactures, markets, and distributes branded nutritional supplements. The company was founded in 2006 in Denver, Colorado, and is currently headquartered in Las Vegas, Nevada.
In 2018, MusclePharm announced that it was relocating its headquarters from Denver, Colorado, to Burbank, California, as part of a restructuring deal. The company subleased its Burbank office and legally relocated to Calabasas, California.
In addition to its presence in California, MusclePharm has also established a manufacturing presence in the state. In 2013, the company acquired BioZone Laboratories, which included a facility in Richmond, California. This acquisition provided MusclePharm with access to BioZone's technologies and product lines, including the Arnold Schwarzenegger series.
MusclePharm's product offerings include a range of powders, capsules, tablets, and gels that cater to various fitness enthusiasts, such as professionals in combat sports, weight training, bodybuilding, running, and team and individual sports. The company's Hybrid series products include well-known items such as Assault, Combat Protein Powder, BCAA 3:1:2, CLA Core, Fish Oil, and Combat Crunch Protein Bars.
With its business presence across the US and the international market, MusclePharm continues to expand its manufacturing and distribution capabilities to meet the demands of its diverse customer base.
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Headquarters in Las Vegas
MusclePharm Corporation is an American nutritional supplement company founded in Denver, Colorado, in 2006. It is currently headquartered in Las Vegas, Nevada, and has been since its incorporation on 4 August 2006.
MusclePharm develops, manufactures, markets, and distributes branded nutritional supplements in the form of powders, capsules, tablets, and gels. Its products include protein powders, protein bars, and amino acid compounds, which are sold to fitness enthusiasts across a range of sports.
The company has had a presence in several locations across the US. In 2013, MusclePharm acquired BioZone Laboratories, which included a facility in Richmond, California. In 2018, MusclePharm relocated its headquarters from Denver to Burbank, California. The company also has an office in Calabasas, California, having subleased its Burbank office and legally relocated.
MusclePharm has been involved in several lawsuits, including one launched by NSF International in 2013, which claimed that a MusclePharm product improperly bore the "NSF Certified for Sport" mark. The company has also faced legal action from Hi-Tech Pharmaceuticals, Capstone Nutrition, and ThermoLife, among others. Despite these setbacks, MusclePharm has continued to operate and expand, with a presence in both the US and international markets.
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MusclePharm's global presence
MusclePharm Corporation is an American nutritional supplement company founded in 2006 in Denver, Colorado, and is currently headquartered in Las Vegas, Nevada. The company has had a presence in several US locations, including Denver, Burbank, California, and Calabasas, California, where it is currently located.
In 2013, MusclePharm expanded its global presence by acquiring BioZone Laboratories, which included a facility in Richmond, California. This acquisition gave MusclePharm access to BioZone's technologies and product lines, including the Arnold Schwarzenegger series. However, MusclePharm sold BioZone to Flavor Producers in 2016.
MusclePharm has faced legal issues, including lawsuits and allegations of improper business practices. Despite these challenges, the company has continued to operate and maintain its global presence.
The company has a diverse range of investors, including Amerop Holdings, Iconic Private Equity Partners, Magna Management, and Prestige Capital. MusclePharm's competitors include Nutrology, Nutrabolt, Bio-Engineered Supplements, and Optimum Nutrition.
MusclePharm's products are marketed towards various fitness enthusiasts, such as professionals in combat sports, weight training, bodybuilding, running, and team and individual sports. The company's Hybrid series includes a range of nutritional supplements in different forms, such as powders, capsules, tablets, and gels. While the US market accounts for the majority of MusclePharm's revenue, the company has a global presence and reaches customers internationally.
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The company's restructuring
MusclePharm Corporation is an American nutritional supplement company founded in 2006 in Denver, Colorado, and was previously headquartered in Las Vegas, Nevada. In 2018, MusclePharm announced that it was relocating its headquarters from Denver, Colorado, to Burbank, California, as part of a restructuring deal.
To address these challenges, MusclePharm underwent a significant restructuring process. In 2013, the company acquired BioZone Laboratories, gaining access to their facility in Richmond, California, along with their technologies and product lines, including the Arnold Schwarzenegger series. However, in 2016, MusclePharm sold BioZone to Flavor Producers for $9.8 million. During this period, MusclePharm also faced financial difficulties, owing vendors approximately $1.1 million. Despite these setbacks, the company continued to focus on product development and market presence.
MusclePharm's Hybrid series products include a range of nutritional supplements in various forms, such as powders, capsules, tablets, and gels. These products are marketed towards fitness enthusiasts, including those involved in professional sports, combat sports, weight training, bodybuilding, and running. The company's restructuring efforts aimed to strengthen its position in the market and improve its financial stability.
In 2021, MusclePharm appointed Sabina Rizvi as its first president and CFO, followed by the appointment of Eric Hillman as CEO in 2023. The company also continued to explore mergers and acquisitions, with FitLife Brands acquiring MusclePharm in October 2023. This acquisition reflected the company's ongoing restructuring and its focus on adapting to the dynamic nature of the industry.
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Frequently asked questions
MusclePharm is an American nutritional supplement company founded in Denver, Colorado, in 2006. The company is headquartered in Las Vegas, Nevada and has a business presence across the US and the international market.
MusclePharm's corporate office is located in Burbank, California.
No, MusclePharm was founded in Denver, Colorado, and its headquarters were relocated to Burbank, California, in 2018 as part of a restructuring deal.
