Castanea Partners’ investment in Yasso


Piper Jaffray and Nixon Peabody advised Yasso in the transaction. Ropes and Gray advised Castanea Partners.

Castanea Partners confirmed today that it has made an investment in Yasso, a leading frozen dessert brand offering “better-for-you” Greek frozen yogurt novelties and pints.

Headquartered in Quincy, MA, the Company is run by its co-founders and co-CEO’s, kindergarten friends, Amanda Klane and Drew Harrington. Yasso is a Greek frozen yogurt brand featuring stick bars, sandwiches, and newly announced pints that have 80 to 150 calories and 5-6g of protein per serving. Founded in 2009, the Company distributes products nationwide through conventional grocery stores, as well as the natural, club and mass channels.

The Ropes & Gray team was led by mergers & acquisitions partner Jane Goldstein (Picture), private equity partner Bob Rivollier, finance partner Sunil Savkar and private equity associate Timothy Bolte.

Involved fees earner: Jane Goldstein – Ropes & Gray; Bob Rivollier – Ropes & Gray; Timothy Bolte – Ropes & Gray; Sunil Savkar – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Castanea Partners;

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Author: Ambrogio Visconti