February 5, 2024 – Encore Consumer Capital (“Encore”), a private equity investment firm focused on the consumer products industry, has closed Encore Consumer Capital Fund IV, LP (“Encore IV”) and related vehicles with $258 million of commitments. Encore, founded in 2005, will continue to invest in lower middle market companies with between $10 million and $150 million of annual revenues targeting attractive and underserved segments of the consumer staples industry.
“We are grateful for the support from our existing investors, with the majority of Encore IV commitments coming from limited partners who have invested in all four Encore funds over the last eighteen years,” said Scott Sellers, Managing Director.
“Encore IV is off to a fast start with three investments already in the fund. We are particularly proud of our team’s accomplishments in the context of a challenging deal environment,” said Robert Brown, Managing Director. Encore IV current investments include Banneton Bakery, Twang, and General Produce.
“With a similar sized fund and strategy, we are excited for Fund IV to continue the momentum of Fund III, our highest returning fund yet,” said Kate Wallman, Managing Director.
Latham & Watkins LLP served as legal counsel to the Fund.
About Encore Consumer Capital
Encore Consumer Capital is a private equity investment firm focused on the consumer products industry. The firm has raised over $900 million in committed capital and invested in over 38 companies in the sector. Encore’s current and prior investments include food and beverage manufacturers and marketers, pet products companies, personal care/beauty companies, and food distribution companies. The firm targets companies with between $10 million and $150 million in annual revenues where Encore’s strong expertise in strategy development, brand marketing, manufacturing and supply chain optimization, and distribution expansion can drive performance.
www.encoreconsumer.com