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February 22, 2019

Revolution Foods secures $10m investment to support growth

US-based ready-to-eat meal delivery company Revolution Foods has secured a $10m impact investment from global investment manager Nuveen to expand its services to more schools and community sites.

US-based ready-to-eat meal delivery company Revolution Foods has secured a $10m impact investment from global investment manager Nuveen to expand its services to more schools and community sites.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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The company will use the investment to support its growth by delivering to more schools and community sites across the US. It also plans to expand its menu with healthy food options.

Nuveen impact investing portfolio manager Rekha Unnithan said: “Revolution Foods offers a unique opportunity to invest in a fast-growing company with a high-quality management team that has demonstrated clear impact across multiple sectors, health, education and economic inequality.

“This investment aligns with our goal of delivering positive long-term investment performance to clients while meeting our strategic objectives of inclusive growth with clear and measurable impact.

“Established in 2006, Revolution Foods has produced and delivered more than 320 million meals to school and community sites across 15 US states.”

“The fact that this company is also led and co-founded by women and has a gender-diverse management team is an added bonus.”

Established in 2006, Revolution Foods has produced and delivered more than 320 million meals to school and community sites across 15 US states.

The company offers meals through multiple youth health programmes such as the National School Lunch Program.

Revolution Foods CEO Kristin Groos Richmond said: “With the help of Nuveen, we can expand the access to our products to even more students and families nationwide, as well as advance further systems change in the communities we serve, from policy and food systems to driving positive student academic and health outcomes.”

Nuveen made the investment as part of its global impact investing private equity strategy. It has allocated more than $850m in impact investments under the strategy since 2012.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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