Investment Summary

NextWorld Evergreen Invests In W3ll People

On March 6, 2018, venture capital firm NextWorld Evergreen invested in consumer products company W3ll People

Investment Highlights
  • This is NextWorld Evergreen’s 1st transaction in the Consumer Products sector.
  • This is NextWorld Evergreen’s 4th transaction in the United States.
  • This is NextWorld Evergreen’s 1st transaction in Texas.
Investment Fate
  • W3ll People was sold to a publicly-traded strategic buyer in 2020 for 7M USD.

Investment Summary

Date 2018-03-06
Target W3ll People
Sector Consumer Products
Investor(s) NextWorld Evergreen
Deal Type Growth Capital

Target

W3ll People

Austin, Texas, United States
W3ll People, Inc. is a provider of premium quality cosmetics without using the potentially harmful artificial chemicals found in most conventional makeup. W3ll People modern approach to beauty is built on simplicity, authenticity, and performance. W3ll People was founded in 2008 and is based in Austin, Texas.

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Investor(S) 1

DESCRIPTION

NextWorld Evergreen is a private investment firm focused on long-term investments in growth-oriented companies in the personal care, food, and beverage sectors. The Firm will consider opportunities throughout the US with revenues between $10 and $100 million. NextWorld Evergreen generally pursues majority investments, however the Firm will consider selecting minority situations as well. NextWorld Evergreen was established in 2016 and is headquartered in San Francisco, California.


DEAL STATS #
Overall 6 of 7
Sector: Consumer Products M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 3
State: Texas M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-18 Alter Eco

San Francisco, California, United States

Alter Eco is a manufacturer of premium organic dark chocolate bars, truffles, granola, and quinoa and markets its products in the U.S., Canada, Australia, and New Zealand. The company’s products are primarily sold through the organic/natural retail channel and the bars and truffles represent the number one dark chocolate retailed in this sector. The company’s full-cycle manufacturing process is 100% carbon neutral, product packaging is recyclable including compostable truffle wrappers. Alter Eco was founded in 2005 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Kusmi Tea

Paris, France

Kusmi Tea is a producer of premium tea that ranges benefit from ancestral know-how and high-quality raw materials: whole tea leaves imported from producing countries and subtle essences with the noblest origins. Kusmi Tea was founded in 1967 and is based in Paris, France.

Sell -