4x4 Capital reposted this
As we reflect on 2024, we want to take a moment to express our deepest gratitude to our partners, investors, portfolio companies' teams and each member of the 4x4 Capital team. Thank you for your partnership and commitment to make 2024 an incredible year for our firm. Some of our year highlights: 1. In 2024, we have successfully consolidated our team with new talent in Investment, Capital Formation & Fundraising, and Portfolio Operations, integrating experienced members who have worked together for multiple years. We are confident that our team is equipped with strong operational, value creation and investing capabilities to drive value consistently. Our team's vision, hard work, dedication and unwavering commitment have solidified our unique position as active business owners and value investors in Consumer private equity. 2. We continued to work closely with our portfolio company @1440 Foods to build world class manufacturing capability, differentiated brands and drive profitable and sustainable growth across our portfolio of active nutrition brands Pure Protein, Met-Rx and Body Fortress, and support our purpose to help energize people to unleash their potential. 3. In November, we successfully closed FITCRUNCH, the add-on acquisition to the 1440 Foods platform, which will enable 1440 Foods to expand its capabilities, enhance its market position, and deliver even greater value to its customers. We are excited to bring together two talented teams with deep experience in nutrition, retail, branding, and manufacturing. This important step strengthens our position in building a leading portfolio of active nutrition and protein brands and aligns with our commitment to driving growth and creating value across 4x4's portfolio. 4. We welcomed Patrick Cornacchiulo, an active nutrition, snacking and functional food industry veteran, as the CEO of 1440 Foods post FITCRUNCH acquisition and we are looking forward to his vision and leadership to keep growing the business. 5. We are excited for our alignment of vision and successful partnership with Bain Capital in 1440 Foods. 6. We expanded our investors pool with two large institutions as new 4x4 partners: a sovereign wealth fund and a large single-family office, bringing our total committed capital to $772mm by year end. As we look into 2025, we are excited to keep pushing boundaries, driving value and achieving great things together. Cheers to a wonderful 2025! Best, 4x4 Team