Resilient Media Entertainment

Thursday, June 7, 2012

The Morning Leverage: Weld North Hopes to Squeeze Profit from Juice Thomas Dunford @WSJ @resilient_ent #PrivateEquity


Weld North’s Jonathan Grayer took due diligence to a new level ahead of the firm’s investment in juice and health-food retailer Organic Avenue: LBO Wire’s Beina Xu reports that Grayer, the chairman and chief executive of his investment partnership with Kohlberg Kravis Roberts & Co., recently went through a couple cleanses during which he drank nothing but juice. And what were the fruits of those efforts? Grayer lost 25 pounds. Oh, and it might have also played a part in Weld North scoring a significant minority investment in Organic Avenue, whose juices Grayer drank during his cleanses.

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