Growcore Investments

Growcore Investments is a private equity firm based in Massachusetts, founded in 2008. The firm specializes in buyouts and growth equity, focusing primarily on consumer products and services. Its investment portfolio includes sectors such as personal care, household care, packaged food and beverages, apparel, and leisure products. Additionally, Growcore seeks opportunities in the real estate sector, particularly within the Northeast corridor of the United States. The firm typically targets companies with revenues ranging from $30 million to $150 million and EBITDA between $20 million and $100 million, preferring to take majority equity positions. By investing in a diverse array of consumer-focused businesses, Growcore aims to foster growth and enhance value in its portfolio.

Christopher R. Akelman

Partner

Daniel Max Fireman

Managing Partner

Devon Howard

Senior Associate

Meagan Jennings-Berg

Investor Relations and Capital Raising

Russell Kazorek

Vice President and Controller

Andrew LaGoo

Senior Associate

Stacy Madison

Operating Partner

Ekta Sharma

Vice President

40 past transactions

Salt Lake Brewing Co., L.C., doing business as Squatters, produces and sells craft beers and wines. The company also operates a chain of brewpubs that offer beers and food products, as well as reservations for private parties and banquets. In addition, it sells men's apparel, women's apparel, hats, glassware, collectibles, gift cards, and other apparel through its online store. The company offers its bottled and draft beers to restaurants, hotels, bars, and resorts in Utah, Idaho, Nevada, Arizona, New Mexico, Colorado, Texas, Louisiana, Minnesota, Iowa, Wisconsin, South Dakota, North Dakota, Nebraska, Rhode Island, and Massachusetts. Salt Lake Brewing Co., L.C. was founded in 1989 and is based in Salt Lake City, Utah. It has brewpubs in Salt Lake City and Park City, Utah.

Leafly

Venture Round in 2020
Leafly allows you to rate and review various medical marijuana strains. Reviews are aggregated to provide visitors with a complete profile of their favorite strains. Each session can be tracked with a journal, keeping a record of how the medicine made you feel and what symptoms it helped to relieve. Use the dispensary finder section of the site to locate medical marijuana collectives in your area. You can view available strains so you know what is available before you go.

Bandon Holdings LLC

Bandon Holdings LLC operates as a fitness platform and franchisee of Anytime Fitness in Texas, Oklahoma, and Kansas. The company was founded in 2012 and is headquartered in Austin, Texas.

Anytime Fitness

Acquisition in 2018
As of October 29, 2012, Anytime Fitness, Inc. was acquired by Anytime Fitness Germantown. Anytime Fitness Germantown owns, operates, and franchises fitness clubs in the United States, Canada, Mexico, Ireland, the Netherlands, Poland, Spain, the United Kingdom, Australia, New Zealand, Qatar, and India. Its fitness clubs offer fitness training, including personal training and exercise programs for members. The company was founded in 2002 and is based in Hastings, Minnesota.
Utah Brewers Cooperative LLC produces beers. It also offers T-shirts, hats, mugs, and other swag products; and short-sleeve tees and tanks, polygamy porter T-shirts, long-sleeve shirts, women’s apparel, glassware, and sweatshirts and jackets. The company offers its products through its store; other liquor stores; and an online store. Utah Brewers Cooperative LLC was founded in 2000 and is based in Salt Lake City, Utah.

Perrin Brewing

Merger/Acquisition in 2015
Perrin Brewing Company, LLC engages in the production of beer. It operates a private space and tap room for private parties, business meetings, or special occasions; and sells T-shirts, caps, hats, glasses, growlers, gift cards, mugs, and prints online. The company was founded in 2011 and is based in Comstock Park, Michigan. As of March 27, 2015, Perrin Brewing Company, LLC operates as a subsidiary of Oskar Blues Brewing Company.

Skip Hop

Venture Round in 2013
Based in New York City, Skip Hop creates unique, innovative, and highly functional products that are designed to make parenting easier, better, and more fun. Nearly a decade ago in 2003 by new parents Ellen and Michael Diamant, Skip Hop aims to solve the vast number of problems and headaches that are universal to parenting in order to save time to enjoy it. The products designed range from recreational to functional for babies.

Garden Remedies

Venture Round in 2019
At Garden Remedies, their reason for being is to alleviate and (when possible) eliminate suffering from chronic pain. When you walk through their doors, you’ll be meeting people who are dedicated to serving you—and the community in general—by providing compassionate relief through the use of medical marijuana. Their mission is to take the excruciating test of endurance a patient may be forced to go through every day, and change it to a life of comfort that is hopefully pain-and-symptom-free.

Tilray

Series A in 2018
Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products to patients, physicians, pharmacies, governments, and hospitals; and for researchers for commercial purposes, as well as compassionate access and clinical research applications. It operates in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, Israel, Ireland, New Zealand, South Africa, Switzerland, the United States, and the United Kingdom. The company was incorporated in 2018 and is headquartered in Nanaimo, Canada.
Oskar Blues Brewery, LLC produces beers, sodas, and spirits. It also sells wearware, headware, drinkware, and barware online. Oskar Blues Brewery, LLC was formerly known as Oskar Blues Grill & Brew. The company was founded in 1997 and is based in Longmont, Colorado with breweries in Austin, Texas; Boulder and Longmont, Colorado; and Brevard, North Carolina.
Windrose Advisors LLC is a privately owned investment manager. The firm provides its services to individuals, families, and charitable foundations. Windrose Advisors LLC was founded in 2009, and is based in Waltham, Massachusetts.

United Craft Brews LLC

United Craft Brews LLC was incorporated in 2014 and is based in Waltham, Massachusetts.

Evolution Fresh

Acquisition in 2010
Evolution Fresh peels, presses, and squeezes raw fruits and vegetables.

Dunkin' Donuts

Acquisition in 2014
Dunkin' Donuts is the largest coffee and baked goods chain in the world providing you, their loyal customers, with high quality coffee, bagels, donuts and other baked goods since 1950.

Subversive Capital

Private Equity Round in 2020
Subversive Real Estate Acquisition REIT LP focuses to acquire one or more businesses or assets by way of a merger, amalgamation, arrangement, equity exchange, asset acquisition, equity purchase, reorganization, or related business combination. Subversive Real Estate Acquisition REIT (GP) Inc. operates as its general partner. The company was founded in 2019 and is headquartered in New York, New York.

Surfside Coffee Company, LLC

Surfside Coffee Company, LLC owns and operates 38 Dunkin’ Donuts units in and around Fort Myers, Miami, and the Florida Keys, Florida. The company was incorporated in 2013 and is based in Boston, Massachusetts.

IdeaPaint

Series C in 2011
IdeaPaint is an innovative and environmentally responsible whiteboard paint that transforms virtually any surface into a high-performance, dry erase canvas. Fun and easy to apply, IdeaPaint is incredibly cost effective versus traditional whiteboards, and outperforms all of the other leading dry erase options. With over 75,000 successful installations worldwide, IdeaPaint is the gold standard for dry erase performance, flexibility and environmental responsibility.

Dunn's River Brands

Venture Round in 2019
Dunn's River Brands provides unique access to the beverage industry’s best distributors, suppliers, advisors and strategic partners.

Hudson Jeans

Venture Round in 2012
Our purpose is to inspire people to live their dreams, look and feel amazing, and to be real.

Purity Organic

Venture Round in 2011
Purity Organic is a consumer goods company that offers organic juice, tea, and coconut water. The company's organic ingredients are the source of its great-tasting juices, coconut waters, and sparkling waters. It also focuses on delivering operational excellence, refreshing the Sweet Leaf Brand, and increasing market share across all their portfolio brands. Purity Organic was established in 2005 and is headquartered in Oakland, CA,USA.

Bandon Holdings

Acquisition in 2018
Bandon Holdings is a strategic fitness platform and the largest franchisee in the Anytime Fitness family with 38 clubs across Texas, Oklahoma and Kansas. The franchise has expanded significantly through new development and a proven acquisition strategy, with growth driven by consumer demand for healthier lifestyles. Based in Austin, Texas, the Bandon team, led by Co-Founders and Co-CEOs, Jeff Kiecke and Brian Portner, is comprised of highly seasoned professionals with strong relationships and fitness acumen. Mr. Kiecke and Mr. Portner bring deep experience in the fitness industry, as well as operational, financial and real estate expertise.

Privateer Holdings

Series A in 2013
Privateer Holdings, Inc. is a private equity and venture capital arm of Tilray, Inc., specializing in incubation, seed, startup, early venture, mid venture, late venture, emerging growth, buyout, acquisition, and growth capital investments. It seeks to make investments in the emerging legal cannabis field and marijuana-related businesses. The firm invests globally. Privateer Holdings Inc. was founded in 2010 and is based in Seattle, Washington with additional offices in San Francisco, California; Newport Beach, California; and Denver, Colorado.
Cigar City Brewing, LLC operates a brewery in Florida. The company produces and sells beer. It also sell apparel, glassware, wall hangers, and miscellaneous products online. The company was founded in 2007 and is based in Tampa, Florida.

Bandon Holdings LLC

Merger/Acquisition in 2018
Bandon Holdings LLC operates as a fitness platform and franchisee of Anytime Fitness in Texas, Oklahoma, and Kansas. The company was founded in 2012 and is headquartered in Austin, Texas.

Canarchy

Venture Round in 2018
Canarchy is a disruptive collective of like-minded brewers dedicated to bringing quality and innovative flavors to beer drinkers in the name of independent craft beer. The portfolio of craft breweries, partially funded by Fireman Capital Partners, including Oskar Blues Brewery, Perrin Brewing Company, Cigar City Brewing, Squatters Craft Beer and Wasatch Brewery, Deep Ellum Brewing Company, and newly added Three Weavers Brewing Company, is challenging corporate convention to preserve independent craft beer culture.

Newton

Venture Round in 2011
Newton Running online company provides shoes for men and women.

Docklight Brands

Series A in 2021
Docklight Brands is a CPG lifestyle company that provides cannabis and hemp to consumers. The company was founded in 2019 and is headquartered in Seattle, Washington, United States.

Tradewinds

Acquisition in 2017
Tradewinds® Slow Brewed Iced Tea is traditionally slow-brewed using whole tea leaves and simple, natural ingredients. They put the leaves in large tea bags and gently steep every batch in specially designed steeping kettles until it reaches the perfect intensity of aroma and flavor. After brewing, they add select flavors and natural ingredients and bottle the tea fresh to capture its smooth and authentic tea taste. Kick back and savor the moments that matter most with Tradewinds® Slow Brewed Iced Tea.

Serena & Lily

Venture Round in 2011
Serena & Lily brings a sophisticated mix of pattern and color to every room in the house—from the nursery to the living room and beyond.
Canarchy is a disruptive collective of like-minded brewers dedicated to bringing quality and innovative flavors to beer drinkers in the name of independent craft beer. The portfolio of craft breweries, partially funded by Fireman Capital Partners, including Oskar Blues Brewery, Perrin Brewing Company, Cigar City Brewing, Squatters Craft Beer and Wasatch Brewery, Deep Ellum Brewing Company, and newly added Three Weavers Brewing Company, is challenging corporate convention to preserve independent craft beer culture.
Perrin Brewing Company, LLC engages in the production of beer. It operates a private space and tap room for private parties, business meetings, or special occasions; and sells T-shirts, caps, hats, glasses, growlers, gift cards, mugs, and prints online. The company was founded in 2011 and is based in Comstock Park, Michigan. As of March 27, 2015, Perrin Brewing Company, LLC operates as a subsidiary of Oskar Blues Brewing Company.

Sweet Leaf Tea and Tradewinds Businesses of Nestlé Waters North America Inc.

Sweet Leaf Tea and Tradewinds Businesses of Nestlé Waters North America Inc. comprises the legacy brands with diversified offerings in the fast-growing Ready-to-Drink Tea category.

The Goodship

Venture Round in 2018
The Goodship creates the most delectable cannabis-infused baked goods, chocolates, and confections on the market.

Oskar Blues Brewery

Merger/Acquisition in 2015
Oskar Blues Brewery, LLC produces beers, sodas, and spirits. It also sells wearware, headware, drinkware, and barware online. Oskar Blues Brewery, LLC was formerly known as Oskar Blues Grill & Brew. The company was founded in 1997 and is based in Longmont, Colorado with breweries in Austin, Texas; Boulder and Longmont, Colorado; and Brevard, North Carolina.

Sweet Leaf

Acquisition in 2017
In 1997, Sweet Leaf Tea founder, Clayton Christopher, decided to make a bottled tea that was just as tasty as the one his grandmother Mimi used to make. Every bottle of homemade goodness still starts with Granny's original recipe - the perfect balance of organic tea leaves and ingredients they can pronounce. In 2004, they put a spin on their classic sweet tea with fun new flavors like Mint & Honey.

Left Coast Ventures

Venture Round in 2021
Left Coast Ventures is a private equity firm specializing in, to build, invest in, or acquire a significant share of the cannabis value chain along with Hemp-CBD industries. The firm prefers to invest in the United States and seeking to acquire 100% shares of the invested firm. Left Coast Ventures is based in the United States.