Stride Consumer Partners LLC, a Waltham, MA-based growth-equity investment firm that focuses on brands in consumer products and services, closed its inaugural fund, Stride Consumer Fund I, at $420m.
The fund received support from a diverse and global group of institutional investors, including more than a dozen founders and senior executives with whom the Stride team has partnered previously.
The vehicle has closed on three investments, including:
- Skinfix, a female-founded pioneer in clean and clinically active skincare that is tested and recommended by dermatologists to heal, replenish, and maintain the skin barrier on both face and body.
- Chomps, a minority-owned and -operated brand on a mission to provide meat snacks made with sustainably sourced proteins and zero grams of added sugar.
- Truewerk, which was founded to elevate the experience of the 26+ million tradespeople in the U.S. by outfitting them with technical workwear.
Led by Tim Burke, Juan Marcos Hill, and Steve Berg, Stride specializes in partnering with talented and dynamic founders, entrepreneurs, and business leaders to build the next generation of consumer brands. Within consumer, the firm focuses on the following areas of expertise: beauty, food and beverage, active lifestyle and multi-unit consumer services.
FinSMEs
28/04/2022