Announced
Financials
Tags
healthy food
United States
Acquisition
Merger
Friendly
Food Products
Private
Venture Capital
Private Equity
Pending
Single Bidder
Synopsis
Elevate Capital-backed Garden Bar acquired Evergreens, a health food company. This new partnership will combine Garden Bar and Evergreens resources to support 350 employees in Oregon and Washington at 26 locations, with three more forthcoming. Financial terms were not disclosed. "This is not your typical company exit," says Ana Chaud, Founder and CEO of Garden Bar since 2014. "I still have a lot to contribute to our partnership with Evergreens and I will stay on as the Vice President of Brand Development for Evergreens."
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