Encore Consumer Capital has made an investment in Austin, Texas-based Veggie Noodle Co, a food brand. No financial terms were disclosed.
PRESS RELEASE
San Francisco, California, August 17, 2017 – Encore Consumer Capital (“Encore”), a private equity firm that invests exclusively in leading consumer products companies, is pleased to announce that it has made an investment in Veggie Noodle Co. (“VNC”).
VNC, based in Austin, Texas, is a food brand twisting up the produce department nationwide. Founded by Mason Arnold in 2015, Veggie Noodle Co. has seen rapid growth and distribution from a single store in Austin, Texas, to more than 1800 stores in around 40 states, including major retailers like Whole Foods, Kroger, and Target.
Scott Sellers, Managing Director at Encore Consumer Capital, said, “We are thrilled to have the opportunity to be involved with Veggie Noodle Co. I have great confidence that Mason Arnold and the entire Veggie Noodle Co. team will further enhance their national presence as an innovative leader in the industry.”
About Encore Consumer Capital
Encore Consumer Capital is a San Francisco-based private equity investment firm focused on the consumer products industry. The firm has raised over $600 million in equity capital and invested in 26 companies. Encore is currently investing out of its $260 million third fund. Encore’s current and prior investments include food and beverage companies (Aidells Sausage Company, Ancient Harvest, Brownie Brittle, Ciao Bella, Full Sail Brewing, Isopure, Navitas, PhillySwirl,), personal care products companies (butter LONDON, MyChelle Dermaceuticals, LORAC, Tarte Cosmetics), and pet products companies (ThunderWorks, Zuke’s), among others. The firm targets companies with between $10 million and $100 million in annual revenues where Encore’s strong operating expertise in strategy development, brand marketing and distribution expansion can help drive performance. For more information please visit www.EncoreConsumerCapital.com.
Source: https://www.pehub.com/2017/08/encore-invests-in-food-brand-veggie-noodle-co/
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