Maven Invests Growth Capital in Covestus; Covestus Acquires Probio7
July 19, 2024
Maven Investor Partners, via Maven and SWIF Maven Equity Finance (part of the South West Investment Fund), has made a growth capital investment in Cheltenham-based Covestus to support its buy-and-build strategy. The funding will help Covestus scale its portfolio of consumer healthcare brands and has enabled the acquisition of probiotic supplement brand Probio7.
- Buyers
- Maven Investor Partners, SWIF Maven Equity Finance (South West Investment Fund managed by Maven)
- Targets
- Covestus, Probio7
- Industry
- Consumer Products
- Location
- Gloucestershire, United Kingdom
- Transaction Type
- Growth capital
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