Nextworld Evergreen acquires Alter Eco
Press Release – 13/12/17
San Francisco, December 13, 2017 ─ NextWorld Evergreen, a San Francisco-based private equity firm focused in the consumer and retail industry, today announced it has acquired Alter Eco Americas PBC ("Alter Eco"), a leading chocolate-centric, healthy indulgence food brand. [...]
"With several new products in the making and a team of experienced professionals, the company is at an inflection point, poised to continue to grow and expand market share in the natural and conventional channels", said David Fife, Partner of NextWorld Evergreen. [...]
"Thanks to NextWorld Evergreen’s long-term vision and philanthropic affiliations, we'll be able to continue to grow our impact and preserve our mission while benefiting from NextWorld Evergreen’s experience in consumer goods to accelerate Alter Eco's growth in the indulgent, clean, healthy and ethical food space, said", said co-founder Edouard Rollet. [...]
For the current acquisition, Michel Dyens & Co. acted as financial advisors to the Sellers.