SEMCAP completed the acquisition of a minority stake in ALOHA for $68m.

SEMCAP, a growth equity investment firm focused on identifying and helping build the purpose-driven food and nutrition brands of the future, completed the acquisition of a minority stake in ALOHA, a climate-neutral certified plant-based protein brand, for $68m. "SEMCAP Food & Nutrition is an ideal partner. Their recognition and buy-in to what we have built thus far at ALOHA comes at a key inflection point. With an impact-driven investment strategy, exemplified by successful partnerships with like-minded entrepreneurial brands such as Purely Elizabeth and Good Culture, SEMCAP completely aligns with our mission to make simple, nutritious food accessible to everyone, while using our business as a force for good. We look forward to many more multiples of profitable growth with their inclusion," Brad Charron, ALOHA Chairman & CEO.