Kleoss Capital has acquired a significant minority stake in Real Foods to support its expansion in the growing natural food and wellness market.
Information on the Target
Kleoss Capital, a South African private equity fund manager, has acquired a significant minority stake in Real Foods, a multi-brand food group founded by Dean Kowarski in 2013. Real Foods operates several well-known brands, including KAUAI, Nü Health Café, and KOHU. The capital obtained from this investment will be utilized to aid the company's strategic acquisition efforts within the natural food industry.
The investment is made through Kleoss Capital Fund 1, a generalist fund with a capital base of R1.2 billion, which typically invests between R50 million and R150 million in established firms. The fund manager’s policy mandates the requirement for board representation in its portfolio companies, further enhancing oversight and strategic input.
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Industry Overview in South Africa
The natural food and wellness industry in South Africa has experienced remarkable growth in recent years, driven by increasing consumer awareness of health and wellness. South Africans are beco
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Kleoss Capital
invested in
Real Foods
in 2016
in a Other Private Equity deal
Disclosed details
Transaction Size: $86M