Growcore Investments is a private equity firm based in Massachusetts that specializes in buyouts and growth equity within the consumer products and services sectors. Founded in 2008, the firm focuses on various segments, including active sports and footwear, personal care products, household care items, packaged food and beverages, apparel, and leisure products. Additionally, it is interested in the real estate sector, particularly in the Northeast corridor of the United States. Growcore Investments typically targets companies with revenues ranging from $30 million to $150 million and aims for majority equity positions. The firm seeks to invest in businesses with an EBITDA between $5 million and $100 million and a target market capitalization of $50 million to $500 million.
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.
Subversive Capital is an investment firm based in New York that focuses on acquiring and investing in innovative companies that challenge conventional norms and require advanced government and regulatory strategies to thrive. Established in 2019, the firm engages in various business combinations, including mergers, asset acquisitions, and reorganizations, to facilitate its investments. Its approach emphasizes identifying radical business models that possess the potential to disrupt industries and create significant societal impact. Through its activities, Subversive Capital aims to foster growth in companies that align with its vision of transforming sectors through innovative practices.
Leafly Holdings, Inc. operates an online cannabis information platform that serves both medical marijuana patients and recreational consumers. Founded in 2010 and headquartered in Seattle, Washington, Leafly provides a comprehensive resource for information on various cannabis products, including flowers, edibles, concentrates, and topicals. The platform allows users to rate and review different strains, aggregating feedback to create detailed profiles that help others make informed choices. Additionally, Leafly features a dispensary finder tool, enabling users to locate nearby medical marijuana collectives and view available strains before visiting. The company also offers subscription-based marketplace listings for cannabis retailers and brands, facilitating connections with consumers through reviews, menus, and ordering options. With offices in multiple cities, including Austin, Baltimore, and Berlin, Leafly continues to be a key player in the cannabis information sector.
Garden Remedies is a Massachusetts-based company focused on alleviating chronic pain through the production and distribution of cannabis products for both medical and recreational consumers. The company cultivates and processes cannabis to create a diverse range of offerings, including fresh flower buds, chocolates, lotions, and concentrates. Garden Remedies aims to provide compassionate relief to individuals suffering from various symptoms, enhancing their quality of life by transforming their daily endurance into comfort and wellness. By prioritizing the needs of their community, Garden Remedies is dedicated to delivering effective remedies that promote better health and well-being.
Anytime Fitness is a fitness franchise founded in 2002 and headquartered in Hastings, Minnesota. The company operates and franchises fitness clubs across various countries, including the United States, Canada, Mexico, and several European and Asian nations. Its clubs provide a wide array of services aimed at promoting health and wellness, such as personal training, group classes, Zumba, cardio workouts, body conditioning, yoga, and wellness programs. Anytime Fitness aims to create accessible fitness environments for its members, catering to diverse workout needs and preferences.
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.
Tilray is a company focused on the research, cultivation, processing, and distribution of pharmaceutical-grade cannabis products. It serves a diverse clientele, including patients, healthcare practitioners, pharmacies, governments, and researchers engaged in clinical studies. Tilray is dedicated to providing high-quality medical cannabis, ensuring safe and reliable delivery of its products. The company operates in multiple countries, including Canada, the United States, Australia, and several European and Latin American nations. Founded in 2018 and headquartered in Nanaimo, Canada, Tilray emphasizes expedited delivery and consistent product quality to meet the expectations of healthcare providers and patients.
CANarchy is a collective of independent craft breweries focused on producing innovative and high-quality beers. Founded in 2015 and headquartered in Longmont, Colorado, with additional offices in various states including Utah, Texas, Florida, North Carolina, and Michigan, it champions the craft beer movement. The organization encompasses several notable breweries, such as Oskar Blues Brewery, Perrin Brewing Company, Cigar City Brewing, Squatters Craft Beer, Wasatch Brewery, Deep Ellum Brewing Company, and the recently added Three Weavers Brewing Company. Through its portfolio, CANarchy aims to disrupt traditional brewing conventions and promote the values of independent craft beer culture.
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.
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.
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.
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.
Privateer Holdings, Inc. is a private equity firm based in Seattle, Washington, with additional offices in San Francisco, Newport Beach, and Denver. Founded in 2010, the firm specializes in investments in the legal cannabis sector, focusing on incubation, seed funding, and various stages of venture capital, including emerging growth and buyout opportunities. Privateer aims to build a portfolio of global brands that will define and legitimize the future of cannabis, with notable investments including Leafly, a leading cannabis information resource, and Tilray, a prominent producer of medical cannabis. The firm represents a coalition of investors committed to advancing the legal cannabis industry while addressing the social issues associated with cannabis prohibition.
Purity Organic is a consumer goods company established in 2005 and headquartered in Oakland, California. It specializes in producing organic beverages, including juices, teas, coconut waters, and sparkling waters, all made from certified organic ingredients. The company emphasizes the importance of sourcing and growing certified organic fruits and vegetables, ensuring that its products are shelf-stable, kosher, and gluten-free. Purity Organic aims to provide customers with healthy, great-tasting options while also enhancing its operational efficiency and expanding market share across its portfolio. Its commitment to quality and sustainability positions it as a notable player in the organic beverage industry.
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.