News

Author rlaba
  • Peels Citrus CBD Brand Secures Multimillion Dollar Investment from KarpReilly

    NEWS PROVIDED BY
    Peels Citrus CBD 

    LOS ANGELESJan. 7, 2021 /PRNewswire/ — CBD startup Citrus CBD Industries, Inc. (“Peels“), launches the first nationwide CBD brand made from oranges led by Founder & CEO Chris Hetherington, an 11-year NFL veteran and Yale alumni, announces they have secured a $4mm investment from KarpReilly, LLC. KarpReilly, a Greenwich, CT-based private investment firm, with a diverse portfolio of emerging brands in the consumer sector with notable food, beverage, and natural products including: KeVita, Spindrift, Salt & Straw, LIFEAID, and Wilde, among many others. read more

  • Hungryroot Is Simplifying The Way Consumers Shop For Groceries

    Hungryroot delivers fresh and organic groceries based on consumers dietary, meal planning and timing preferences.  MICHAEL MARQUAND

    From: Forbes
    By: Yola Robert
    FORBESWOMEN

    Last year changed the way consumers shopped, prepared, and consumed food. Consumers are taking fewer 73% trips to the grocery store and instead are shopping more at food subscription services and online grocery stores, with 80% of U.S. consumers having shopped online for groceries since COVID-19 outbreak. read more

  • De La Calle Seeks to Build U.S. Tepache Market ‘From the Street’

    From: BevNET
    By: Martín Caballero

    While probiotic and prebiotic sodas are a relatively recent trend, Los Angeles-based branding and design agency Here Studio is aiming to introduce U.S. consumers to a similar drink with a few hundred years more of a track record. This month, the company is set to debut De La Calle (“from the street”), a line of traditional Mexican tepache fermented drinks in 12 oz. cans. read more

  • Ipsy Acquires Beauty Subscription Competitor Boxycharm

    The combined business is expected to have $1 billion in sales.

    From: WWD
    By: Allison Collins 

    Ipsy is acquiring Boxycharm.
    The companies will live under new parent company Beauty for All Industries, which expects more than $1 billion in sales for 2020.

    Marcelo Camberos, cofounder and chief executive officer of Ipsy, said the deal allows Ipsy to strengthen its “position in the personalized beauty ecosystem.” read more

  • Spudsy Closes Round, Expands into New Retailers

    From: NOSH
    By: Carol Ortenberg

    As it prepares to enter its next phase of growth, snack brand Spudsy announced last month the close of a $2 million round of funding. It’s necessary capital, founder and CEO Ashley Boeckle said, to get the brand to profitability and support increased distribution.

    The round was led by KarpReilly, with Stage One Fund also taking part. Spudsy previously raised $1.4 million over the course of 2019 from Stage One, as well as from the company’s co-packer and several private investors. Boeckle said she appreciated that KarpReilly firm doesn’t “micromanage” and “trusts” the Spudsy team to execute on its plans. read more

  • Made In’s Newest Launch Uses a Chef-Approved Trick for Better-Tasting Meals

    Make room in your kitchen.

    By: Katie Macdonald 
    Each product we feature has been independently selected and reviewed by our editorial team. If you make a purchase using the links included, we may earn commission.

    While flavor and taste are essential components of cooking, professional chefs know we eat with our eyes first. A combination of color, texture, and presentation draws us into every dish, building excitement before we dig in. And with so much riding on that first look, it’s essential to invest in quality plates, bowls, and serveware that highlight your food. read more

  • Rowdy Mermaid Raises Another $3.5M in Series A ‘Second Tranche’

    From: Bevnet
    By: Brad Avery

    Rowdy Mermaid Kombucha announced today it has raised an additional $3.5 million from investment firm KarpReilly in a “second and final tranche” of its Series A funding round, bringing the total financing to $7 million. read more

  • All-American Restaurant Group Eureka! Forms Strategic Partnership with Carolo Corporation

    Eureka! Enters into Strategic Partnership with Carolo Corporation

    From: FSRmagazine.com
  • YUM! Brands to acquire the Habit Restaurants, Inc.

    LOUISVILLE, Ky. & IRVINE, Calif.–(BUSINESS WIRE)

    Yum! Brands, Inc. (NYSE:YUM) and The Habit Restaurants, Inc. (NASDAQ:HABT) (“The Habit Burger Grill”) today announced that they have entered into a definitive agreement pursuant to which Yum! Brands will acquire all of the issued and outstanding common shares of The Habit Burger Grill for $14 per share in cash or a total of approximately $375 million. The board of directors of The Habit Burger Grill, acting on the recommendation of a special committee composed of non-executive independent directors, has unanimously approved the transaction. read more