Food and consumer focused private equity firm Kainos Capital has added Kevin Elliott to its investment team as a new partner. Mr. Elliott has 25 years of operating, turnaround, and mergers and acquisitions experience in the consumer goods, retail and distribution industries.
“I have had the privilege to know Kevin over the past twelve years and he is an outstanding executive with a background in consumer products, retailing and distribution. He will bolster our operating capabilities in evaluating new investment opportunities, and be a valuable partner to our portfolio companies in executing their operating strategies,” said Andrew Rosen, Managing Partner of Kainos Capital.
From November 2012 to February 2014 Mr. Elliott was President and COO of Nash Finch, a wholesale food distributor to independent supermarkets and military commissaries. Nash Finch – with annual revenues of about $5 billion – was acquired by Spartan Stores in November 2013. Before Nash Finch, Mr. Elliott was with 7-Eleven for eight years most recently as Senior Vice President of Merchandising, Marketing and Distribution for its 8,000 domestic stores. Prior to 7-Eleven, Mr. Elliott was VP of Procurement at Webvan, responsible for the distribution relationships nationally. He has a BA in Operation Management from Missouri State and an MBA from Southern Methodist.
Kainos Capital is a middle market private equity firm with an exclusive focus on the food and consumer sector. The firm’s strategy is to build a portfolio of growing and strategically relevant food and consumer businesses that trade buyers would like to acquire. The firm invests from $50 million to $150 million of equity in manufacturers and marketers of food products, as well as other consumer products in the household and personal care industries, and over-the-counter health and nutritional products sectors. Kainos Capital is based in Dallas (www.kainoscapital.com).
Mr. Elliott is the third new partner at Kainos this month. Earlier in July, the firm promoted Daniel Hopkin and Nirav Shah to partner. Messrs. Hopkin and Shah are long time employees of Kainos with Mr. Hopkin joining the Kainos team in 2004 and Mr. Shah in 2008.
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