MidOcean Partners and Kroger Launch MPearlRock to Back Emerging CPG Brands
January 11, 2024
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.
- Buyers
- MidOcean Partners, PearlRock Partners, The Kroger Co.
- Platforms
- MPearlRock
- Industry
- Food & Beverage
- Location
- United States
- Transaction Type
- Growth capital
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