Grand Crossing Capital
311 South Wacker Drive, Suite 2525, Chicago, IL, 60606, United States
Overview
Grand Crossing Capital LLC is a family-backed private equity firm focused on branded consumer and retail businesses. Headquartered in Chicago, Grand Crossing seeks to invest $5 – $25 million of growth capital in both minority and control situations. Grand Crossing was formed as a partnership between experienced consumer-focused private equity professionals and the family which grew Wilton Brands, a branded consumer products business, to $450 million of revenue before its sale in 2007. Grand Crossing’s patient family capital LP base is unique and allows us to focus on supporting entrepreneurs and executives, enabling them to build their businesses without the often typical short-term institutional private equity pressures. Our investment focus is centered around U.S. based branded consumer and retail businesses. We seek growth-oriented platforms with unique positioning that generate between $2 million and $10 million of EBITDA.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Kona Deep
Participated · Equity · Nov 2017
Kona Deep bottles deep ocean water sourced 3,000 feet beneath the ocean surface in Kona, Hawaii, desalinating and bottling at the source while retaining natural minerals and electrolytes. The company positions its product as a premium, performance-oriented water with no additives and a focus on taste, hydration and sustainability. Kona Deep sells primarily in leading grocery and natural food stores and recently expanded from Hawaii onto the U.S. mainland. Management is led by CEO Patrick Turpin, former co‑founder and president of popchips. The company intends to use new funding to expand distribution, increase and optimize production capacity, and raise consumer awareness. Financially, Kona Deep announced a $5.5 million financing to support these growth initiatives.
Team
No current team members are available.