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0 0 -7.81311039925394E-05 -0.00117196655988754 -0.00546917727947498 -0.000546917727947554 -0.000781311039925061 -0.000546917727947554
Stock impact report

SEMCAP Buys Into the Next Phase of ALOHA's Growth, Investing Nearly $70 Million For a Significant Minority Stake [Yahoo! Finance]

Sprouts Farmers Market, Inc. (SFM) 
NASDAQ:AMEX Investor Relations: investors.sprouts.com
Company Research Source: Yahoo! Finance
brand, proudly announces that SEMCAP Food & Nutrition, a growth equity investment firm focused on identifying and helping build the purpose-driven food and nutrition brands of the future, has invested $68 million of secondary capital to buy out early angel investors and take a significant minority stake in the company. ALOHA will join SEMCAP's prestigious portfolio of consumer-first, mission-driven brands that are growing the right way. ALOHA employees and management will retain a significant stake in the company, maintaining the company's status as an independently operated entity. Through this strategic partnership, ALOHA will add SEMCAP's operating experience and network to bolster its business's continuous growth. ALOHA remains focused on scaling its current success via acceleration of traditional retail channels and the continued enhancement of an already impressive digital presence, solidifying its leadership in the growing plant-based protein market. Between 2020 and 2023, AL Show less Read more
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