Modjule
Modjule is a private equity firm based in Chicago, Illinois, founded in 2013. The company focuses on investing in and developing innovative retail concepts, particularly within the food and consumer products sectors. Modjule has a notable history of successfully launching and managing several retail concepts, including Redbox, which grew from inception to $2 billion in revenue. The firm's goal is to identify and cultivate high-growth opportunities in the retail market.
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2 past transactions
Digital Golf Technologies
Venture Round in 2017
Digital Golf Technologies, Inc., operating as Swing King, specializes in enhancing the golf experience by offering automated hole-in-one contests during regular rounds. The company installs HD cameras on par-3 holes at participating courses, streaming live footage to the clubhouse. This innovation generates revenue for golf courses, provides cash payouts and HD videos of memorable shots to golfers, and adds excitement to everyday play without disrupting the experience. Incorporated in 2014, the company is headquartered in Elmhurst, Illinois.
Hickory Farms
Acquisition in 2015
Hickory Farms is a specialty food retailer and consumer goods brand based in Chicago, Illinois. The company sells beef and cheese products, chocolates, desserts, fruits and nuts, seafood and related items through multiple channels, including web shopping, catalogs, mail orders, online catalogs, grocery stores, mass merchants and seasonal holiday stores. It operates 500+ seasonal kiosks across North America during the holiday season and positions its gourmet gifts as a core offering as it reinvents the brand to become a leading retailer in the food gifting space.
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