Yellow Point completes first closing of Fund V and investment in Nature’s Emporium
May 11, 2021 – Yellow Point Equity Partners is pleased to announce the initial closing of its fifth private equity fund, Yellow Point Equity Partners V Limited Partnership (“Fund V” or the “Fund”). Concurrently, the Fund completed an investment in Nature’s Emporium Limited Partnership (“Nature’s Emporium”).
Fund V will continue the same investment strategy as Yellow Point’s predecessor funds of partnering with talented management teams of growth-oriented businesses to help drive value creation.
Nature’s Emporium, the Fund’s first investment, is a premier Canadian organic and natural grocery retailer sharing the world’s finest foods, vitamins, supplements, body and home care products with communities throughout the Greater Toronto Area. The company was founded in 1993 with the mission to introduce and support a healthy lifestyle based on natural and organic foods in the community. Nature’s Emporium provides an engaging in-store experience with knowledgeable staff and frequent educational seminars.
“For nearly three decades Nature’s Emporium has fostered a unique culture and a commitment to providing our communities with the finest natural and organic products in support of a healthy lifestyle,” said Joe D’Addario, co-founder and CEO of Nature’s Emporium. “Yellow Point’s strategic leadership and operationally hands-off approach were important factors in our decision to partner with them. With our proven store model and Yellow Point’s support, we’re positioned to accelerate our growth by opening new stores while also expanding our e-commerce platform to become one of Canada’s leading omni-channel retailers.”
David Phillips, Partner of Yellow Point said, “the Nature’s Emporium team has built an exciting and differentiated grocery retail experience. We believe the company’s 100% natural and organic offering will continue to resonate with Canada’s increasingly health-conscious consumers.”
“We are pleased to have completed the Nature’s Emporium investment concurrently with the first closing of Fund V. We are actively seeking new investments in middle-market growth companies across a variety of industries with EBITDA between $5 to $25 million,” added Dave Chapman, Managing Partner of Yellow Point.
About Yellow Point
Yellow Point Equity Partners has been actively helping its management partners build better businesses for over 17 years. The firm invests in outstanding management teams of later-stage growth companies based primarily in Canada and aims to be the long-term partner of choice for Canada’s leading mid-market companies.
For more information, please contact us or visit www.ypoint.ca.