Arnold & Porter client Factory LLC, a Pennsylvania-based company, made an equity investment in sports nutritional brand Honey Stinger, which is owned by EN-R-G Foods LLC.
Honey Stinger produces organic honey-based sports nutritional products. With funding from Factory, Honey Stinger will expand its marketing and distribution programs, in addition to expanding the company’s offering of innovative performance-based products.
Factory LLC is a team of experienced consumer packaged goods operators who acquire meaningful equity stakes in high potential food, beverage and pet health companies and partner with them to rapidly build value. With $250M of investable capital and based in a custom-built 40,000 sq. ft. innovation and scale-up facility in Bethlehem PA, Factory’s 30-person team provides hands-on expertise, resources and relationships to make value and drive growth.
Arnold & Porter advised with a team including partners Stephen Koval (Picture) and David Sausen; counsel Kathleen Wechter; and associates Jinha Chung, Amita Gopinath, and Gus Weinkam.
Involved fees earner: Stephen Koval – Arnold & Porter Kaye Scholer LLP; Jinha Chung – Arnold & Porter Kaye Scholer LLP; Amita Gopinath – Arnold & Porter Kaye Scholer LLP; David Sausen – Arnold & Porter Kaye Scholer LLP; Gus Weinkam – Arnold & Porter Kaye Scholer LLP; Kathleen Wechter – Arnold & Porter Kaye Scholer LLP;
Law Firms: Arnold & Porter Kaye Scholer LLP;
Clients: Factory LLC;