NexPhase Capital’s Investment in Popcornopolis

Lowenstein Sandler represented NexPhase Capital, LP on the deal

NexPhase Capital, LP, an operationally focused, independent private equity firm, executed its investment in Popcornopolis, LLC, a leading manufacturer of premium-quality, ready-to-eat popcorn. Terms of the transaction were not disclosed.

Popcornopolis manufactures and markets a diverse portfolio of indulgent flavors, creating an experiential and easily recognized brand through its iconic cone packaging and omni-channel distribution strategy, which consists of direct-to-consumer mediums and entertainment venues in addition to traditional club, convenience, food, drug, and mass retailers. The company has always manufactured all of its products in its own facilities.

The NexPhase consumer team focuses on investing in branded CPG companies, including Zing Zang, the fastest-growing and leading nonalcoholic cocktail mix brand in the United States. By leveraging NexPhase’s deep-rooted knowledge in scaling consumer packaged goods brands, the partnership is expected to propel Popcornopolis’ continued growth.

The Lowenstein Sandler team included Christopher C. Henry (Picture), Michael Walutes, Matt Savare, Vanessa A. Ignacio, Julie Levinson Werner, James C. Shehan, Eric Jesse, Sabrina Cua, Bryan Sterba, Megan Monson, and Lauren M. Troeller.

Involved fees earner: Sabrina Cua – Lowenstein Sandler LLP; Christopher Henry – Lowenstein Sandler LLP; Vanessa Ignacio – Lowenstein Sandler LLP; Eric Jesse – Lowenstein Sandler LLP; Julie Levinson Werner – Lowenstein Sandler LLP; Megan Monson – Lowenstein Sandler LLP; Matt Savare – Lowenstein Sandler LLP; James Shehan – Lowenstein Sandler LLP; Bryan Sterba – Lowenstein Sandler LLP; Lauren Troeller – Lowenstein Sandler LLP; Michael Walutes – Lowenstein Sandler LLP;

Law Firms: Lowenstein Sandler LLP;

Clients: NexPhase Capital;

Author: Ambrogio Visconti