1440 Foods, a NYC-based portfolio of sports and active nutrition brands, received an investment from Bain Capital Private Equity, in partnership with existing investor and operator 4×4 Capital.
The amount of the deal was not disclosed. Debt financing for the transaction was provided by Fortress Investment Group.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Azania Andrews, 1440 Foods is a sports and active nutrition company offering a focused portfolio of accessible, tasting health and wellness brands: Pure Protein® nutrition bars; Body Fortress® high efficacy protein powders; and MET-Rx® high-performance meal replacements. 1440 Foods brands can be purchased online at Amazon, or at a range of grocery, pharmacy, and convenience store chains nationwide such as Wal-Mart, Target, Kroger, Meijer, Walgreens, CVS, and convenience store chains.
The transaction is expected to close in December and is subject to customary closing conditions.
FinSMEs
18/12/2023