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.
Law Firms: Ropes & Gray;
Clients: Castanea Partners;