This contract gives Borden the ability to supply 700 million servings of fresh fluid milk to qualifying 501(c)3 organizations across the U.S. for free.
He began his career as an investor and operator in Dallas after serving as a clerk for Judge Anthony M. Kennedy on the United States Court of Appeals for the Ninth Circuit. , who will assume majority ownership, and KKR, an existing lender to Borden, which will assume a minority position in the company. Capitol Peak Partners is focused on investing opportunistically in consumer businesses in the broad middle-market in North America. Prior to Capitol Peak, Kelly served as Executive Vice President & CFO of WhiteWave, where he provided financial leadership for WhiteWave’s IPO in 2012 and then directed all financial activities of the Company, culminating in the $12.5BN sale to Danone in 2017. Receive weekly emails with ag investing and agtech news and insight. Prior to Dean Foods, he was a Managing Director in the Mergers & Acquisitions Group of Bear Stearns. Fitness Company Peloton Files to Cancel Cascara Tea Brand’s Beverage Trademark, Something New Under the Cap: Functional ‘Pops’ Take on Soda, ReadyRefresh Strengthens Presence in Southern California with Acquisition, RDCL Superfoods Enters Plant-Based Health & Wellness Space With Launch of Radical Elements, KeHE Distributors Expands to Support Independent Retailers in the Northeast, Herb & Lou’s Hires Owen Rothstein as VP of Operations & Strategy, CHERRiSH Releases New Chocolate Line Extension, G FUEL And FaZe Clan to Drop New, Celebratory “FaZe X” Flavor On October 21, Four Sigmatic Launches New Caffeine-Free Focus Blend, PaQuí Ultra Premium Tequila Launches in Six Markets, BeatBox Beverages Adds New Peach Punch Flavor, Hiatus Tequila Announces Partnership with Massanois to Expand its Distribution to New Jersey, Volley Tequila Seltzer To Expand Distribution To Tennessee, Georgia & New Jersey. Dallas-based Borden announced on January 5 its intention to navigate the court process to pursue a financial restructuring for the reduction of debt and to reposition the company for long-term growth – marking the second major dairy company to file bankruptcy in a matter of months, following Deal Foods, “Despite our numerous achievements during the past 18 months, the company continues to be impacted by the rising cost of raw milk and market challenges facing the dairy industry,”, CEO of Borden at the time. Kelly previously served as Senior Vice President & CFO of Mother’s-Archway Cookie Company, a manufacturer and distributor of branded bakery products, and as Vice President and Corporate Controller of Specialty Foods Corporation, a diversified branded food company. Prior to Capitol Peak, Gregg was the Chairman & CEO of WhiteWave, a high-growth food and beverage company with sales of $4BN+ across four branded platforms: Plant-Based Foods & Beverages (Silk, Alpro, So Delicious and Vega), Premium Dairy (Horizon and Wallaby), Coffee Creamers & Beverages (International Delight) and Fresh Foods (Earthbound). Kevin currently serves on the Board of Directors of Denver KLIFE, the Board of Trustees and Investment Committee of the Nebraska Foundation, and is Chairman of the Dean’s Advisory Board of the University of Nebraska College of Business. “These challenges have contributed to making our current level of debt unsustainable.”. Colin received his BA from Georgetown University. CPP has the capability of bringing together allocatees, borrowers and tax credit investors to facilitate a win-win for its clients and the community. The Company specializes in the growth capital investments such as food, retail, beauty, household, and personal products.
Kelly joined WhiteWave initially as Senior Vice President & CFO of WWF Operating Company, the primary North American operating division of the Company.
The Company specializes in the growth capital investments such as food, retail, beauty, household, and personal products. Gregg sold WhiteWave to Danone for $12.5BN in April 2017. © 2020 Capitol Peak Partners, LLC.