Kainos Capital, a private equity firm focused on the food and consumer products and services sectors, has closed Kainos Capital Partners III LP with over $1 billion in capital commitments, making it the largest investment vehicle in Kainos’ history.Â
Kainos Capital (Kainos), a private equity firm focused on the food and consumer products and services sectors, has closed Kainos Capital Partners III LP (Fund III) with over $1 billion in capital commitments, making it the largest investment vehicle in Kainos’ history.
Kainos says existing investors provided a significant amount of Fund III’s capital and also referred many new investors to the fund.
Consistent with Kainos’ approach over the past decade, Fund III will primarily target family-owned businesses and corporate carve-outs in the food and consumer products sectors with at least $10 million in EBITDA. Fund III can commit in excess of $300 million of equity, and potentially more with the firm’s Limited Partner co-investment programme, in any single transaction.
To date, Fund III is approximately one-third invested across three platform acquisitions: CellCore Biosciences, a wellness company that provides dietary supplements that are primarily sold through the practitioner channel; Specialty Sales, a specialty dairy cow health distribution business; and Evriholder Products, a provider of impulse products and merchandising solutions for retailers.
