SUBSCRIBE

Breaking News on Food & Beverage Development - North AmericaEU edition | APAC edition

News > Manufacturers

Read more breaking news

 

 
News in brief

Sunrise Strategic Partners invests in Kodiak Cakes

By Elaine Watson+

26-Jul-2016
Last updated on 26-Jul-2016 at 17:34 GMT2016-07-26T17:34:35Z

Picture credit: Kodiak Cakes
Picture credit: Kodiak Cakes

Sunrise Strategic Partners - a Colorado-based accelerator of emerging brands - has made a minority investment in Utah-based Kodiak Cakes, which makes high protein breakfast items from pancake mixes to flapjacks.

Family-owned Kodiak Cakes – which appeared on ABC’s Shark Tank two years ago and has since grown sales by over 10 times – is looking to expand distribution into new channels, develop new products and grow its team.

Sunrise  - co-founded earlier this year by Steve Hughes and private equity firm Trilantic North America - is looking to work with emerging brands that resonate with millennials, have a strong proof of concept and have reached approximately $10-$20 million in revenue.   

To date it has invested in four companies: Perky Jerky, Kodiak Cakes, PACT Organic and Teton Waters Ranch.

Related products

Key Industry Events

Promotional Features

Content Provided by Fonterra

Way forward with whey protein