GroundForce Capital Completes Beverage Roll-Up Strategy with SYSTM Foods’ Acquisition of Humm Kombucha
GroundForce Capital selected SYSTM Foods, an established team new to the beverage sector but with extensive experience acquiring and managing multiple consumer brands.
- GroundForce Capital selected SYSTM Foods, an established team new to the beverage sector but with extensive experience acquiring and managing multiple consumer brands.
- Backed by GroundForce Capital, SYSTM Foods first acquired the functional protein brand, REBBL®, and then Chameleon Organic Coffee® from Nestle.
- The acquisition of Humm Kombucha completes the SYSTM Brands portfolio which is now focused on driving growth, synergies, and profitability across all three brands.
- Co-Founder and Co-Managing Partner of GroundForce Capital, Dan Gluck, stated, "The roll-up strategy under SYSTM Foods is just part of the evolution of our strategy.