The Healing Company also announced the closing of a $150 million credit facility provided by i80 Group. The new credit facility provided by i80 Group will fuel The Healing Company's plans to drive consolidation in a fragmented market, with the objective of buying and scaling more than 15 supplements and nutraceuticals brands over the next few years. The market is favorable for M&A, with valuations dropping considerably from 2021, creating substantial tailwinds for The Healing Company's roll-up strategy.