Leslie’s Organics (dba Coconut Secret), was acquired by Nutiva, a portfolio company of Lion Capital and Hummingbird Brands.
Capstone Partners (IMAP USA) advised Leslie’s Organics LLC (dba Coconut Secret), creator of the leading brand of Coconut Aminos, on its sale to Nutiva, Inc., a portfolio company of Lion Capital LLP and Hummingbird Brands.
After eleven years of consistent annual growth, owners and siblings, Leslie Caren and Randy Stoler, decided it was time to grow their company via new ownership for Leslie’s Organics. Their brand, Coconut Secret, established itself as the leader in the soy-free Asian sauces category that they created, with their introduction of the first soy-free, low-sodium soy sauce replacement, Coconut Aminos.
Nutiva is a pioneer of organic plant-based food with a purpose to revolutionize the way the world eats with foods that nurture people and planet. Nutiva has a strong organic culinary oils portfolio including being the top selling brand and share leader in Coconut Oil in the Natural Channel, making the acquisition of Coconut Secret a natural extension of its Coconut portfolio.
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