Announced
Completed
Financials
Tags
Friendly
United States
Majority
Single Bidder
beverage
Soft Drinks
Completed
Domestic
Private Equity
Private
Acquisition
Synopsis
Wind Point Partners, a private equity firm, completed the acquisition of good2grow, a beverages company, from Kainos Capital, a private equity firm. Financial terms were not disclosed. "good2grow is a great example of the transformational growth that Kainos seeks in each investment. Early on, we identified better-for-you and convenience as attractive investment themes in our sector, and we were drawn to good2grow's unique product offering that provides entertaining beverages that meet kids' nutritional needs. In just three years, despite the Covid-19 pandemic environment, the good2grow management team executed brilliantly on our Change Capital plan to nearly double revenue through expanded distribution, increased sales velocity and new product development," Andrew Rosen, Kainos Managing Partner.
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