Kate Storey

SEMCAP Buys Into the Next Phase of ALOHA's Growth, Investing Nearly $70 Million For a Significant Minority Stake

Retrieved on: 
Tuesday, March 26, 2024
Health, Arm, Growth, Nutrition, Acceleration, Partnership, Snack, Education, Kate Storey, ALOHA, General Mills, Food, B Corporation (certification), Management

ALOHA employees and management will retain a significant stake in the company, maintaining the company’s status as an independently operated entity.

Key Points: 
  • ALOHA employees and management will retain a significant stake in the company, maintaining the company’s status as an independently operated entity.
  • Through this strategic partnership, ALOHA will add SEMCAP's operating experience and network to bolster its business’s continuous growth.
  • Between 2020 and 2023, ALOHA achieved nearly 500% growth while achieving significant profitability and positive cash flow.
  • The company is poised to maintain high double-digit topline growth throughout the course of this year and beyond.

SEMCAP Food & Nutrition Welcomes Fresh Del Monte as an Anchor Investor

Retrieved on: 
Wednesday, March 13, 2024
Health, Newcom Group, Arm, Growth, Partner (business rank), Partnership, Name, Vegetable, FDP, Kate Storey, Education, Food, Investment, Marketing, Tourism

PHILADELPHIA, March 13, 2024 (GLOBE NEWSWIRE) -- SEMCAP Food & Nutrition (SEMCAP) is pleased to announce the addition of Fresh Del Monte (NYSE: FDP) as a key partner and investor in the first closing of the firm’s inaugural Food & Nutrition investment strategy.

Key Points: 
  • PHILADELPHIA, March 13, 2024 (GLOBE NEWSWIRE) -- SEMCAP Food & Nutrition (SEMCAP) is pleased to announce the addition of Fresh Del Monte (NYSE: FDP) as a key partner and investor in the first closing of the firm’s inaugural Food & Nutrition investment strategy.
  • Having launched the Food & Nutrition platform in 2021, the SEMCAP Food team executed three transactions prior to the launch of the Fund in Q4 2023.
  • Fresh Del Monte is also a strategic investor in SEMCAP’s next transaction which will be announced in the coming weeks.
  • Mohammad Abu-Ghazaleh, Chairman & CEO of Fresh Del Monte, commented: “At Fresh Del Monte, we are fueled by innovation, sustainability, and our ongoing mission to nourish millions across the world with healthful foods.

Purely Elizabeth Closes $50M Series B Funding Round Led by SEMCAP Food & Nutrition

Retrieved on: 
Monday, January 31, 2022
Growth, CEO, Food, GMO, Kate Storey, Probiotic, Stock, Nutrition, Marketing, CAGR, Health, The Non-GMO Project, Education, Fresh Del Monte Produce, MCT, Partner, Grocery store, Management, Fertilizer, Agriculture

Purely Elizabeth has nearly doubled its retailer doors in the last four years from 8,000 retailers in 2018 to 15,000 retailers in 2021.

Key Points: 
  • Purely Elizabeth has nearly doubled its retailer doors in the last four years from 8,000 retailers in 2018 to 15,000 retailers in 2021.
  • Purely Elizabethis the first investment for and marks the launch of SEMCAP Food & Nutrition, which is led by managing partner John Haugen, and partners Ryan Newcom and Kate Storey.
  • "Purely Elizabeth is catalyzing change in the food and nutrition space and changing the way food is made through its commitment to clean, sustainable ingredients that are packed with nutrition, while simultaneously delivering great taste," said John Haugen, SEMCAP Food & Nutrition managing partner.
  • SEMCAP Food & Nutrition invests in remarkable food companies that support sustainable modern health and a better future for food.