PowerPlant Ventures Leads Growth Investment in OWYN

The Simply Good Foods Company Acquires OWYN (Only What You Need)

April 29, 2024

Food & Beverage

The Simply Good Foods Company agreed to acquire plant-based RTD protein shake brand Only What You Need (OWYN) for $280 million in cash, with the deal announced April 29, 2024 and completed June 13, 2024. The acquisition, from United Nutritional Brands (an affiliate of Purchase Capital LLC) and other minority investors, expands Simply Good Foods' presence in the high-growth ready-to-drink protein shake segment and is expected to accelerate distribution and eCommerce growth for the OWYN brand (OWYN projected ~ $120 million net sales in 2024).

Cornell Capital-Led Group Acquires INW; INW Acquires Bee Health

March 29, 2021

Food & Beverage

A Cornell Capital-led investor group has acquired INW | Innovations in Nutrition + Wellness from Rosewood Private Investments. Simultaneously, INW closed the acquisition of Bee Health, the UK-based nutritional supplement manufacturer headquartered in Bridlington, expanding INW's product capabilities and European footprint.

INW (Cornell Capital-backed) Acquires Capstone Nutrition from Brightstar Capital Partners

June 8, 2021

Food & Beverage

INW | Innovations in Nutrition + Wellness, backed by Cornell Capital, has acquired Capstone Nutrition from Brightstar Capital Partners. The deal adds Capstone’s large Ogden, Utah manufacturing capabilities to INW’s platform to increase scale, diversify product forms and accelerate growth across vitamins, supplements, personal care and pet care markets.

Rock Mountain Capital and The Olayan Group Acquire 48% Stake in PurposeBuilt Brands from Carlyle

February 2, 2022

Consumer Products

A group led by Rock Mountain Capital and The Olayan Group acquired a 48% stake in PurposeBuilt Brands, with the proceeds used to redeem Carlyle's position. TA Associates and PurposeBuilt management rolled all of their equity and will retain a 52% ownership stake as partners with the new investors to support the company's continued growth and international expansion.

Perwyn Invests £30m in Gousto

July 1, 2019

Food & Beverage

Perwyn led a £30 million funding round in Gousto to support the UK's leading subscription meal-kit supplier as it scales operations. The capital will be used to expand automated production and data-science capabilities to drive growth in the UK recipe-box market.

Perwyn Invests in OUTCO

July 31, 2025

Environmental Services

Perwyn has made a significant growth investment in OUTCO, the UK’s outdoor estate compliance and maintenance specialist, to support organic expansion and a program of add-on acquisitions. The capital will be used to expand OUTCO’s geographic reach, invest in technology and sustainability, and accelerate M&A; OUTCO expected to complete three strategic acquisitions by the end of July 2025.