Announced
Exponent Private Equity to invest in Proper.
Synopsis
Exponent Private Equity agreed to invest in Proper, a snack brand offering ready-to-eat and microwaveable popcorn. Financial terms were not disclosed. The new partnership with Exponent will bring together Proper and the private equity firm’s Eat Real brand under a new company, set to be formed by the end of Q1 2021.
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