Bay Grove

Bay Grove Capital, established in 2008 in San Francisco, is a private equity firm founded by former Morgan Stanley investment bankers Kevin Marchetti, Adam Forste, and Dave Brandes. The firm focuses on investments in sectors such as cold storage, real estate, temperature-controlled logistics, and technology-enabled logistics. With a background in institutional private equity, the founders aim to leverage their expertise to identify and support companies within these industries.

David Brandes

Managing Director

Geoff Colla

Director

Tom Dadon

Principal

Alice Shen Denoyer

Principal

Eric Estill

Senior Associate

Adam Forste

Managing Partner and Co-Founder

Jack Gerstenberger

Senior Associate

Kristina Hentschel

CFO and COO

Lizzy Shay Kaler

Principal

Ed Lam

Managing Director

Kevin Marchetti

Co-Founder and Managing Partner

David Ross

Advisory Partner

3 past transactions

Ofload

Series A in 2021
Ofload is a digital road freight platform that fully tackles inefficiencies. Ofload connects road freight to thousands of reliable carriers and manage it through technology. This means less waste and more data. Ofload manages end-to-end logistics fulfillment through technology, connects carriers with shippers helping shipments to be delivered quickly and affordably by taking up what would have been empty space in delivery vehicles, allowing businesses to have visibility of their shipments.

Unioncrate

Series A in 2019
Unioncrate helps consumer goods companies build and manage supply chains that can keep up with the consumer of today. Based in New York City, we are a team of CPG veterans, rebels, and nerds who believe that the future of supply chain will be driven by AI. It powers everything we do. We are obsessed with helping our clients take back the invaluable time, money, and resources that are far too commonly lost by relying on archaic supply chain management systems. That’s why we’ve built an intelligent platform designed specifically for the complexities of a consumer goods industry that’s needlessly stuck in the past.

Unioncrate

Seed Round in 2018
Unioncrate helps consumer goods companies build and manage supply chains that can keep up with the consumer of today. Based in New York City, we are a team of CPG veterans, rebels, and nerds who believe that the future of supply chain will be driven by AI. It powers everything we do. We are obsessed with helping our clients take back the invaluable time, money, and resources that are far too commonly lost by relying on archaic supply chain management systems. That’s why we’ve built an intelligent platform designed specifically for the complexities of a consumer goods industry that’s needlessly stuck in the past.
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