MidOcean Partners and Kroger completed the investment in MPearlRock.

MidOcean Partners and Kroger, two private equity firms, completed the investment in MPearlRock, a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments. Financial terms were not disclosed. “As consumers look to engage with more personalized, entrepreneurial products, we believe MPearlRock is well positioned to source investment opportunities in innovative CPG brands and deliver the foundational resources these brands require to meaningfully grow. We are confident that the experience and resources of our trusted collaborators, MidOcean and Kroger, will enable MPearlRock to make superior investment decisions across the CPG sector,” Brian Kelley, MPearlRock CEO.