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Stonegate Capital Announces an Investment in Zevia, LLC

Date: Sep 03, 2019 @ 08:55 AM
Filed Under: Manufacturing

Stonegate Capital announced it has made a senior debt investment in Zevia, LLC.  Headquartered in Los Angeles, CA, Zevia is a rapidly-growing premier manufacturer and distributor of a wide variety of zero calorie, non-GMO verified, stevia-sweetened carbonated soft drinks. “Stonegate has been a pleasure to work with,” said Bill Beech, CFO of Zevia. “The origination process was completed quickly, they have accommodated our unique ways of doing business every step of the way, and the staff is very responsive. We also appreciate being able to automate the borrowing base reporting process through their online portal.”  The Company will utilize the senior debt facility to support ongoing operational initiatives and to foster additional growth of the brand.

“We couldn’t be happier about our new partnership with Zevia, as this investment perfectly aligns with our support of the high-growth consumer product market. The Company’s seasoned executive management team has historically demonstrated its ability to successfully grow unique brands, and Zevia is certainly no exception.” said Jay Fabian, Managing Director at Stonegate Capital. This investment contributes to an extremely successful first half of 2019 for Stonegate Capital, and continues the momentum for the private platform as we head into the last half of the calendar year.

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