Palm Beach Capital Makes Minority Growth Investment in Growve

Palm Beach Capital Leads Majority Investment in Growve

June 2, 2025

Consumer Products

Growve, a St. Petersburg-based health and wellness company specializing in vitamins, supplements and active nutrition, has secured a majority equity investment led by Palm Beach Capital with participation from G-Bar Ventures and NMP Capital. The transaction also includes new debt financing from TCW Private Credit and NMP Capital to support Growve's growth, manufacturing and multi-channel expansion.

Growve Partners With The Organic Skin Co.

September 2, 2021

Consumer Products

Growve, a St. Petersburg-based brand aggregator, announced a partnership with New Zealand-based The Organic Skin Co., expanding Growve’s portfolio to 25+ brands and marking its first move into natural and organic cosmetics. The deal is intended to help scale The Organic Skin Co.’s skincare and makeup line into the U.S. and other international markets while leveraging Growve’s in-house capabilities in marketplace management, digital marketing and distribution.

Growve Acquires Marketplace Agency ZonLux Digital

August 3, 2021

Marketing & Advertising

Growve, a St. Petersburg-based brand aggregator, has acquired and merged the operations of ZonLux Digital, a full-service e-commerce marketplace agency founded in 2019. The agency will be rebranded as Growve Marketplace Agency to expand Growve's in-house marketplace management and digital marketing capabilities for its portfolio of consumer brands.

Palm Beach Capital and Gary Elzweig Invest Growth Capital in GFA International, Inc.

May 1, 2019

Engineering Services

GFA International, Inc. received a growth equity investment from Palm Beach Capital and industry executive Gary Elzweig. The founders remain as CEO and President and will continue as the largest individual investors, while Elzweig will serve as Chairman; the capital will be used to strengthen services, expand geographically and pursue strategic acquisitions.

Palm Beach Capital Invests in React Health

May 31, 2022

Medical Devices

Palm Beach Capital completed a growth investment in React Health, a Winter Haven, Florida-based manufacturer and distributor of sleep therapy, respiratory therapy and disinfection products. The private equity firm will provide capital and support to help React Health expand product availability and drive innovation for treatment of sleep-disordered breathing and chronic respiratory conditions.

Essex Bay Capital Makes Growth Investment in STRIVE

August 30, 2022

Cloud & SaaS

Essex Bay Capital has made a growth investment in STRIVE, a mobile and web-based employee experience SaaS that serves small and medium-sized employers and brokers. The capital will fund product enhancements, customer success, sales and marketing expansion, and support STRIVE's inorganic growth plans; Hennepin Partners served as exclusive financial advisor to STRIVE.