MPearlRock Acquires nutpods

MidOcean Partners and Kroger Launch MPearlRock to Back Emerging CPG Brands

January 11, 2024

Food & Beverage

MidOcean Partners, The Kroger Co. and Kroger’s investment platform PearlRock Partners have formed MPearlRock, a strategic investment collaboration to identify and support high-growth consumer packaged goods (CPG) brands. MPearlRock will leverage Kroger’s retail distribution and 84.51° data science insights alongside MidOcean’s consumer investing expertise to provide growth capital, distribution, manufacturing and back-office support to brands generally generating $30–$100 million in annual revenue.

Keurig Dr Pepper Invests in Nutrabolt; MidOcean Partners Exits

December 8, 2022

Food & Beverage

Keurig Dr Pepper entered a strategic partnership with Nutrabolt, acquiring a minority equity stake (reported ~30%, ~$863M) and agreeing a long-term sales and distribution arrangement. The transaction coincides with MidOcean Partners' exit of its investment in Nutrabolt, the owner of brands including C4 Energy, Cellucor and XTEND.

Concentric Investment Partners Invests in Peak Nutritional Products

December 30, 2022

Food & Beverage

Concentric Investment Partners has closed an investment in Peak Nutritional Products, a Tampa-based contract manufacturer of nutraceutical products serving sports nutrition, fitness, and health & wellness brands. The investment provides growth capital to support Peak’s custom formulation, manufacturing, packaging, and distribution capabilities for tablets, capsules, liquids, and powders.

MPearlRock Acquires The Good Crisp Company

January 15, 2026

Food & Beverage

MPearlRock has acquired The Good Crisp Company, a clean-label salty snack brand founded by Matt Parry, to expand its better-for-you salty snacks platform. The Good Crisp's products are sold in over 20,000 retail doors across the U.S., Canada, Australia and the U.K.; financial terms were not disclosed.

Perricone Farms Acquires Natalie's Orchid Island Juice Company

September 4, 2024

Food & Beverage

California-based Perricone Farms has acquired Natalie's Orchid Island Juice Company of Fort Pierce, Florida. The deal creates a bi-coastal juice platform that expands production capacity, improves logistics and delivery capabilities, and broadens product offerings for retail and foodservice customers.

One Rock Capital Partners and Metropoulos & Co. Acquire Nestlé Waters North America

March 31, 2021

Food & Beverage

One Rock Capital Partners, in partnership with Metropoulos & Co., completed the acquisition of Nestlé Waters North America from Nestlé S.A. The deal transfers NWNA — the Stamford-based bottled water business that includes brands like Poland Spring and the ReadyRefresh delivery service and ~7,200 employees — to new private ownership to operate as an independent company focused on growth and operational improvement.