The Simply Good Foods Company has agreed to acquire plant-based protein shake business Only What You Need (OWYN) in a deal worth $280million.
Founder and Managing Partner of Purchase Capital, Nicholas Singer, has expressed excitement about OWYN becoming part of Simply Good Foods. He also said that the transaction will enable OWYN to leverage Simply Good Foods’ sales, marketing and go-to-market capabilities and result in the brand reaching the next level of growth.
Angelina Jolie has joined the advisory board of sustainable ready-to-wear brand Another Tomorrow, a portfolio company of Purchase Capital.
Synaptic Aviation has announced that it has been awarded a contract utilizing the firm's AI technology to address the challenges of the United States Air Force.
Morgan Wallen and Ryl Tea, the tea brand offering healthy, ready-to-drink teas, and portfolio company of Purchase Capital, debuted the first flavor, Ryl Sweet Tea.