NadaMoo!, Austin, Texas, partnered with Canada-based InvestEco Capital to continue building out its national distribution footprint while ensuring the family-owned company maintains a substantial majority ownership.
NadaMoo! is committed to continue building upon its mission-based and value-oriented ideals, as the company grows into this next chapter and continues to solidify its role as a leader in the future of the dairy-free, plant-based industry.
“In this day and age, authenticity matters more than ever. We are proud to be an independently, family-owned operation focused on being a part of the sustainability solution for our planet,” says Daniel Nicholson, chief executive officer for NadaMoo! “We took great care in this process to find the best value-added, value-aligned teams to partner with to help take NadaMoo! to the next level. We are excited about what our future holds, as we continue to grow and lead in the dairy free, plant-based movement.”
“We are delighted to partner with NadaMoo!,” says Andrew Heintzman, chief executive officer of InvestEco. “We have been very impressed by what Daniel and his team at NadaMoo! have accomplished. With NadaMoo!, consumers can choose the health and environmental benefits of dairy-free ice cream without sacrificing any of the taste. We think that’s a winning formula.”
This capital raise will create job growth in the Austin community, while building upon its focus on product innovation. And, in 2018, NadaMoo! plans to expand into additional U.S. and international retailers.