©Kevin's Natural Foods
US-based healthy meals company Kevin’s Natural Foods has secured an undisclosed minority equity investment from TowerBrook Capital Partners and NewRoad Capital Partners.
The new investment will be used to increase the company’s production capacity, support new product development and expand the brand to new customers.
Kevin’s manufactures entrées, sides, sauces and seasonings without refined sugar or artificial ingredients. The brand’s products are paleo- and keto-certified, and dairy-, gluten- and soy-free.
Kevin’s co-founder and COO, Kevin McCray, said: “This is a big milestone for Kevin’s. Not only are we expanding our capacity for growth, but we are also augmenting our team with knowledgeable, experienced professionals that share our passion around improving people’s lives by making clean eating accessible, easy and delicious”.
TowerBrook’s managing director, Michael Recht, said: “Kevin’s differentiated product offering has allowed the company to build substantial commercial momentum and consumer loyalty. We are looking forward to partnering with Kevin’s dynamic leadership team in the next phase of the company’s growth.”
© FoodBev Media Ltd 2021
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