BOULDER, COLO. — Sunrise Strategic Partners, a Boulder-based accelerator of emerging brands, has made a minority investment in Maple Hill Creamery. Financial terms were not disclosed.
Maple Hill produces third-party certified 100% grass-fed organic dairy items, including whole milk yogurt, kefir, cheese and milk. The company has more than 100 farms, representing 25% of all organic dairy farms operating in New York State.
|Tim Joseph, founding farmer and c.e.o. of Maple Hill Creamery|
“Maple Hill Creamery is challenging conventional thinking that you can’t produce milk with ‘just grass,’” said Tim Joseph, founding farmer and chief executive officer of Maple Hill Creamery. “We are committed to growing a community of regenerative grass farmers and demonstrating how 100% grass-fed dairy is the ‘new’ organic by benefiting the cows, consumers, the farmers and the land. Partnering with Sunrise Strategic Partners is an exciting new chapter for Maple Hill. We look forward to leveraging the Sunrise team’s operational expertise and industry relationships to grow the brand.”
The investment from Sunrise will enable Maple Hill to add to its team and expand its sales, marketing and supply to support the brand’s growth.
|Steve Hughes, c.e.o. and co-founder of Sunrise Strategic Partners|
“Maple Hill Creamery is one of the fastest-growing dairy brands in the natural channel,” said Steve Hughes, c.e.o. and co-founder of Sunrise Strategic Partners. “As consumers and retailers begin to understand the value and benefits of 100% grass-fed, there is significant opportunity to scale this brand.”
The investment in Maple Hill marks Sunrise Strategic Partners’ sixth investment since it launched in February. Sunrise also has invested in Perky Jerky, Kodiak Cakes, PACT | Organic and Teton Waters Ranch.Sunrise Strategic Partners offers growth capital and expertise to emerging brands that have reached $10 million to $20 million in revenue and have a strong proof of concept in the marketplace. The firm was founded by Mr. Hughes, founder and former c.e.o. of Boulder Brands, and Trilantic North America, a private equity firm.