Virgo Investment Group Announces Growth Equity Investments in Two L.A. Libations "Better for You" Brands
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Wednesday, May 26, 2021
BURLINGAME, Calif., May 26, 2021 /PRNewswire/ --Virgo Investment Group ("Virgo") today announced a strategic investment with beverage incubator L.A. Libations, leading off with two initial investments in L.A. Libations' brands.
Key Points:
- BURLINGAME, Calif., May 26, 2021 /PRNewswire/ --Virgo Investment Group ("Virgo") today announced a strategic investment with beverage incubator L.A. Libations, leading off with two initial investments in L.A. Libations' brands.
- ORRO, founded by serial entrepreneur Shaun Neff and L.A. Libations, has partnered with top vegan influencer Tabitha Brown and experienced explosive growth since launch.
- L.A. Libations CEO and Founder, Danny Stepper, said, "Virgo shares our vision and passion in bringing better for you brands to the masses.
- Virgo focuses on two distinct strategies - creating, building and scaling asset-based/credit businesses, and executing transformative growth equity investments in Founder-led or Family-owned companies.