Kodiak Property Management Utah
Kodiak Property Management Utah – PARK CITY, Utah – Kodiak, the protein-based breakfast cereal company based in Park City, recently announced an investment from Patricof Co (P/Co), a private equity firm focused on athletes.
Cincinnati Bengals quarterback Joe Burrow, Kansas City Chiefs tight end Travis Kelce, Utah Jazz forward Rudy Gay, US Open Champion Sloane Stephens, and former New York Yankees pitcher CC Sabathia participated in the deal.
Kodiak Property Management Utah
“Through this long-term partnership, we not only have an opportunity to nurture famous players and insiders in the sports world who have found their recipe for success, but we also connect them directly with our mission to inspire healthier eating and active living. , “Kodiak CEO Joel Clark said in a statement.
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In addition to the investment, P/Co will work with Kodiak to create an Athlete Advisory Board, facilitating quarterly meetings between the athlete investors and C-level executives to co-create new food, marketing campaigns and sustainability initiatives.
“Kodiak traces its roots back to 1982, when eight-year-old Joel Clark began selling his mother’s hand-ground pancake mix door-to-door from a small red cart. Since then, Kodiak has achieved consistent and remarkable growth to become a leading food brand for the active, modern consumer. Today, the Company delivers on its ‘Nutrition for Today’s Frontier’ brand promise with a product portfolio that is 100% whole grain, protein-powered, and above all, delicious and craveable.” – L Catterton, May 2021
In 2013. Since the company’s appearance on the show, its revenue has grown from just over 2 Million to over 54 Million in 2017.
Kodiak’s existing shareholders – the company’s founders and management team, Sunrise Strategic Partners and Trilantic North America – still own a significant minority stake.
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“I’ve been a fan of Kodiak products for a long time and am excited to officially partner with the brand. Their cakes are high protein, whole grain and delicious,” Travis Kelce said in a statement. “I look forward to working with the Kodiak team and collectively bringing the brand to even more consumers.”
“As an athlete, what you eat is incredibly important,” Sloane Stephens said in a statement. “I love how Kodiak has set itself apart with healthy ingredients and a focus on sustainability.”
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