Winona Capital Management

Winona Capital Management is a private equity firm founded in 2006 and headquartered in Chicago, Illinois. The firm specializes in investments within consumer-facing industries, focusing on sectors such as consumer goods, lifestyle products, leisure, sports, recreation, juvenile products, manufacturing, education services, and retail. Winona Capital Management targets companies with an EBITDA exceeding $1 million, aiming to leverage its expertise to drive growth and enhance value in its portfolio. As a Registered Investment Adviser, the firm adheres to regulatory standards while pursuing its investment strategies.

Ben Burrowes

Associate

Ben Grimaldi

Associate

Laird Koldyke

Co-Founder and Managing Director

John McBlain

Director, Finance

Luke Reese

Co-Founder and Managing Director

7 past transactions

I and love and you

Series C in 2022
I and love and you is a Boulder, Colorado-based company that specializes in creating raw and natural pet food products. Founded in 2012, the company is dedicated to providing pets with high-quality nutrition through a range of offerings that include healthy food, treats, chews, supplements, and remedies. All products meet stringent ingredient standards and are developed with the guidance of an on-staff holistic veterinarian. The company's focus is on delivering wholesome, easily digestible nutrition made from real meat, fish, and poultry, while avoiding grains, fillers, and artificial ingredients. By prioritizing the health and well-being of pets, I and love and you aims to provide a comprehensive pet care solution that supports a balanced diet and overall vitality.

Incredible Foods

Venture Round in 2017
Incredible Foods, Inc. is a Boston-based manufacturer of non-dairy frozen products sold under the perfectlyfree brand. Established in 2012, the company specializes in creating delicious and allergy-friendly food options, including fruit bites, frozen bites, and frozen pints. Its offerings are designed to be "Big 8 Allergy-Friendly," meaning they do not contain the eight most common allergens: dairy, wheat, peanuts, tree nuts, eggs, soy, fish, and shellfish. All products are made with natural, premium, non-GMO ingredients in a dedicated facility that ensures a safe and allergen-free environment. Incredible Foods aims to enhance the lives of its consumers by providing enjoyable and health-conscious food choices. The company operates as a subsidiary of Quantum Designs, LLC and rebranded from Wikifoods, Inc. in July 2016.

Monica Vinader

Funding Round in 2016
Monica Vinader Ltd. is a British luxury jewellery brand that designs, manufactures, and markets a wide range of fashion and fine jewellery for both men and women. Established in 2002 and based in Wells-next-the-Sea, the company offers an array of products including bracelets, earrings, necklaces, pendants, and rings, featuring materials such as recycled gold and sterling silver, as well as colored gemstones and diamonds. In addition to its jewellery collection, Monica Vinader provides services like engraving, replating, and alterations. The brand sells its products through a network of boutiques, department stores, and an online platform, ensuring accessible luxury for its customers worldwide.

Diono

Private Equity Round in 2015
Diono is a world leader providing families an expanding line of safe, innovative and high quality juvenile products that exceed expectations at home or on the go. Their products are offered through our retail partners in over 50 countries worldwide. With more than a decade of experience, Diono continues a heritage of excellence that includes more than 50 International Awards from industry and consumer groups for safety and thoughtful design for car seats, travel and stroller accessories.

Evereve

Private Equity Round in 2015
Evereve is a fashion retailer focused on providing on-trend contemporary apparel and accessories to customers across the United States. The company offers a diverse range of products, including tops, shirts, sweaters, sweatshirts, pants, shoes, and various accessories, catering to the evolving tastes and preferences of its clientele. With an emphasis on specialty garments, Evereve aims to deliver stylish options that meet the demands of modern fashion consumers.

I and love and you

Venture Round in 2014
I and love and you is a Boulder, Colorado-based company that specializes in creating raw and natural pet food products. Founded in 2012, the company is dedicated to providing pets with high-quality nutrition through a range of offerings that include healthy food, treats, chews, supplements, and remedies. All products meet stringent ingredient standards and are developed with the guidance of an on-staff holistic veterinarian. The company's focus is on delivering wholesome, easily digestible nutrition made from real meat, fish, and poultry, while avoiding grains, fillers, and artificial ingredients. By prioritizing the health and well-being of pets, I and love and you aims to provide a comprehensive pet care solution that supports a balanced diet and overall vitality.

Boloco

Private Equity Round in 2007
Boloco is a Boston-based restaurant chain known for its globally inspired burritos, bowls, salads, smoothies, and shakes, operating eight locations in Massachusetts and New Hampshire. Founded in 1997 by Adam Liebman, Gregg Harris, Jason Hutchinson, and John Pepper at the Berklee College of Music, the brand quickly gained recognition for its unique offerings and commitment to quality. Boloco emphasizes a mission to positively impact the lives of its employees in the fast food industry while delivering an exceptional dining experience through innovative technology and a focus on customer satisfaction. The company has distinguished itself with its distinctive brand personality and early initiatives in environmental sustainability, making it a notable player in the fast-casual dining sector.
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