Alliance Consumer Growth Closes Oversubscribed Fund II

Alliance Consumer Growth Closes Oversubscribed Fund II

alliance nf1Alliance Consumer Growth (ACG), a private equity firm that specializes in investing in consumer products, retail and restaurant brands, has held a first and final closing of Alliance Consumer Growth Fund II, LP, with total capital commitments of $90 million. ACG did not utilize a placement agent.

The new fund was oversubscribed and raised in just two months and received strong support from existing limited partners as well as new investors.  ACG’s debut fund, Alliance Consumer Growth Fund, LP, was launched in 2011 with total capital commitments of $44 million.

goldin nf1“We are truly honored to have earned the trust and support of the consumer-retail entrepreneur and investor communities” said ACG co-founder Josh Goldin. “We look forward to continuing to help fuel and grow tomorrow’s iconic consumer, retail and restaurant brands, and to delivering strong returns to our limited partners.”

Alliance Consumer Growth invests from $2 million to $10 million of growth capital in consumer companies that have revenues of $5 million to $25 million or more.  Fund II – which will invest behind the same strategy successfully deployed in Fund I – has already completed its first investment, a growth equity investment in snack food brand barkTHINS, a line of chocolate snacking “bark” using dark chocolate combined with inclusions, such as blueberries and quinoa, almonds, pumpkin seeds, cranberries, coconut, pretzels and mint (

Alliance Consumer Growth was founded in 2011 by Josh Goldin, Julian Steinberg and Trevor Nelson and is headquartered in New York (  Current investments include Babyganics, The Honest Kitchen, Kriser’s Pets, KRAVE Jerky, Shake Shack, Suja Juice.  The firm’s prior investments include EVOL Foods (sold to Boulder Brands in December 2013) and Plum Organics (sold to Campbell Soup in May 2013).

ACG’s legal advisor was Kramer Levin Naftalis & Frankel.

© 2014 PEPD • Private Equity’s Leading News Magazine • 4-10-14

To search in site, type your keyword and hit enter