Greek Yogurt Bar Brand Clio Acquired by Stride Consumer Partners
Clio Snacks, a maker of refrigerated Greek yogurt bars, has received a majority investment from Stride Consumer Partners. The deal marks a new chapter of growth for the company.
Piscataway, N.J. – Clio Snacks, a manufacturer of refrigerated Greek yogurt bars, has received a majority investment from Stride Consumer Partners, a growth-equity firm focused on consumer brands. Founder Kathleen King will remain as a minority owner and CEO.
Stride Consumer Partners aims to support Clio Snacks' expansion and product development efforts. "Stride Consumer Partners' expertise and experience in scaling consumer brands make them an ideal partner," King said. The partnership is expected to provide Clio Snacks with opportunities for further growth and innovation.
Clio Snacks was founded in 2015 and has since established itself in the market with its refrigerated yogurt bars. The company has experienced significant growth since its inception and has expanded its product offerings.
Stride Consumer Partners invests in consumer brands with substantial growth potential. The collaboration with Clio Snacks is anticipated to drive further innovation and market presence for the brand.