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WM Partners Announces Acquisition of FGO


WM Partners Announces Acquisition of FGO
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AVENTURA, Fla., Feb. 17, 2021 /PRNewswire/ WM Partners, a certified diverse-owned private equity firm focused on investing in lower-middle market companies and driving value creation in the health and wellness sector, today announced that HPH II Investments Master Fund, LP together with its related parallel and feeder funds ( HPH II ), through its wholly owned entity, acquired Feel Good Organics, LLC ( FGO ), an organic superfoods brand exclusively sold on Amazon.com, based in Seattle, WA. Terms of the transaction were not disclosed.
(PRNewsfoto/WM Partners)
FGO was founded in 2016 by two friends on a mission to create a healthy brand offering high-quality, Certified USDA Organic, and Non-GMO project verified products to help customers live healthy and feel good. The company sells products in five primary product categories: Superfood Powders, Tea Bags, Edib ....

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Industry backing for Southland plant-based drink factory


“It could change, it really depends on the investors that they achieve over the next months or weeks and if there is still availability for us in the longer term,” Hawkins said.
NZ Functional Foods is building the plant. Sir Stephen Tindall’s company K1W1 is the majority shareholder, and Southland regional development agency, Great South, holds 49 per cent.
Information from NZ Functional Foods says the factory will be a carbon-neutral, plant-based food processing facility making beverages from produce like oats and carrots.
Hawkins said the development of the plant was a fantastic step for New Zealand to promote itself outside of dairy. ....

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