Dave's Killer Bread (DKB, Portland, Ore.) has received an equity investment from Goode Partners with the goal of scaling up manufacturing and distribution beyond the western United States while maintaining product quality. Launched seven years ago, the bakery, which makes organic, whole grain, vegan and GMO-free bread products, has “grown steadily” and is now available in 11 states, the company said. Dave Dahl, who co-founded DKB with family members, will remain leader of product development, brand development and philanthropy. In addition to its charitable initiatives, DKB provides equal job opportunities to former inmates, a cause close to Dahl’s heart after the nearly 15 years he spent in prison. Three representatives from Goode Partners will join the board. Business acceleration firm The Meriwether Group partnered with Cascadia Capital to provide strategic counsel; both have worked with other Pacific Northwest brands, including Oregon Chai, Laughing Planet and Bike Gallery. In 2011 DKB was ranked number 850 on Inc. magazine’s top 5000 list of fastest-growing companies in the United States, with revenues of $27.4 million and three-year growth of 364%.
Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.
For more finance and investment information, visit Nutrition Capital Network news