Kevin’s Natural Foods announces a minority investment by TowerBrook Capital Partners and NewRoad Capital Partners

The fast-growing healthy food solutions company will use the investment to fund expansion and innovation

MODESTO, California., September 3, 2021 / PRNewswire / – Kevin’s Natural Foods (“Kevin’s” or “the Company”) today announced a minority investment in TowerBrook Capital Partners LP (“TowerBrook”), an international investment management firm, and NewRoad Capital Partners. With its new partners, the company plans to expand production capacity, support continuous innovation and introduce the brand to millions of new customers. The financial terms of the transaction were not disclosed.

Kevin’s mission is to make clean food not only taste delicious, but also perfectly suited to any lifestyle. A true disruptor of the market, Kevin is the first brand of clean refrigerated tickets and defies the notion that proper food can’t be as delicious as it is healthy. (PRNewsfoto / Kevin’s Natural Foods)

Kevin’s Natural Foods, a healthy, fast-growing food solutions company, announces a minority investment.

Launched in 2019 and based on Modesto, CA., Kevin’s Natural Foods is a mission-led company that develops and manufactures a full line of healthy chilled veal and meat side dishes, and a complementary line of sauces and condiments. Kevin’s offers a wide range of recipes and flavors across its full range of products, and all offerings contain no refined sugar or artificial ingredients and are certified paleo, keto and gluten free. The company’s sous vide preparation process allows customers to cook healthy, quality food in a restaurant in minutes, allowing the busiest people to eat clean without sacrificing flavor.

Kevin McCray, Said Kevin co-founder and CEO, “This is a big milestone for Kevin. Not only are we expanding our growth capacity, but we are also expanding our team with experienced and knowledgeable professionals who share our passion for improving people’s lives by making clean, accessible and delicious clean food. “

“Kevin’s differentiated product offering has allowed the company to increase business momentum and consumer loyalty,” he said. Michael okay, CEO of TowerBrook. “We are looking forward to collaborating with Kevin’s dynamic leadership team in the next phase of the company’s growth.”

Kevin’s products can be found at more than 11,000 traditional, natural, specialty, club and mass grocery stores, as well as direct consumer platforms such as Thrive Market and Amazon. Kevin’s is a leader in the category in the homemade meal replacement set and offers a healthy, delicious and better alternative for you to traditional brands.

Kevin’s Natural Foods received advice from Wells Fargo Securities, LLC and Sheppard, Mullin, Richter and Hampton LLP. TowerBrook was advised by Kirkland & Ellis LLP. NewRoad Capital Partners received advice from Hogan Lovells US LLP.

About Kevin’s natural foods

Kevin’s Natural Foods is a line of healthy dishes, sides, sauces and condiment mixes, with the mission to make delicious and accessible clean food. Co-founded by Kevin McCray, who battled a severe autoimmune disorder for years and cured his condition through a clean diet, Kevin Natural Foods was born out of his desire to help other people eat well. Kevin’s innocent glass-free entrees and sides and signature-certified paleo, keto, and gluten-free sauces allow health-conscious home cooks to prepare delicious meals in five minutes or less.

With quality ingredients and recipes for restaurants, Kevin’s products are readily available on the shelves of leading grocery retailers across the country. All of Kevin’s products do not contain refined sugar, artificial ingredients, grains or soy and are made with antibiotic and hormonal free meat. A true disruptor of the market, Kevin’s Natural Foods is the first brand of clean refrigerated tickets. For more information, visit www.kevinsnaturalfoods.com.

About TowerBrook Capital Partners

TowerBrook Capital Partners is a goal-oriented investment management company based in New York i London. The firm has grown in excess $ 17.4 billion so far and invests in private equity and structured opportunities through its fund family. As a disciplined investor with a commitment to core value, the company seeks to offer superior, risk-adjusted returns to investors on a consistent and responsible basis. TowerBrook’s value creation strategy aims to transform the capabilities and prospects of the businesses in which it invests. TowerBrook is the first major private equity firm to be certified as a B corporation. The B Corporation certification is administered by the nonprofit B Lab and is awarded to companies that demonstrate leadership in their commitment to environmental standards. , social and governance (ESG) and responsible business practices. For more information, visit www.towerbrook.com

About NewRoad Capital Partners

NewRoad Capital Partners, LLC, is a growing equity company Rogers, AR, which invests in proven and innovative technologies, products and services that serve existing and unmet needs in the market. Based on the core values ​​of entrepreneurship, purpose and humility, NewRoad focuses on investing in and acquiring demand-driven companies in the Retail and CPG and Business Services industries, with an emphasis on supply chain and logistics. For more information, visit www.newroadcp.com.

Multimedia contacts:

Kevin’s natural foods:
Kelsie Costa
209-556-7802
KelsieC@kevinsnaturalfoods.com

TowerBrook:
Brunswick Group
Blake Sonnenshein / Alex Yankus
917-818-5204
towerbrookcapital@brunswickgroup.com

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SOURCE Kevin’s natural foods

https://finance.yahoo.com/news/kevins-natural-foods-announces-minority-120000023.html

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