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SKY ORGANICS CLOSES ROUND OF GROWTH CAPITAL

Published May 17, 2021
Published May 17, 2021
Sky Organics

Organic beauty and personal care brand Sky Organics closed a round of growth equity investment from Nexus Capital Management.

WHO: Sky Organics is a family-owned company launched in 2015 by brothers Dean and Steven Neiger to show consumers that living a natural lifestyle can be easy and beautiful with the help of clean and organic essentials. The brand specializes in global, responsibly sourced single-ingredient personal care as well as formulated, certified organic collections for hair, skin, and body. Products range from $6.95 to $19.95 and are available nationwide including at Amazon, CVS, Natural Food Stores, Rite Aid, Walgreens, Walmart, and Whole Foods, among others.

Nexus Capital Management is an alternative asset investment management company based in Los Angeles, founded in 2013. Nexus employs a flexible investment mandate that focuses on long-term value creation by partnering with leading management teams and businesses.

IN THEIR OWN WORDS: “We are extremely excited to begin the next phase of our journey through our partnership with Nexus,” said Steven Neiger, CEO of Sky Organics. “It is critical that we have a partner who understands our emphasis—and the consumer’s desire, for natural, limited ingredient products. Our mission is to share these unique creations with the world. Everyone deserves access to clean, sustainable ingredients that are good for both them and the planet.”

“We are thrilled to partner with Steven and his team to further accelerate the Company’s growth trajectory,” said Michael Cohen, Partner at Nexus. “Sky Organics’ focus on natural, sustainable, better-for-you products fits perfectly within Nexus’ umbrella of mission-based companies. We are strong believers in the Company’s products and will be increasing marketing investments to accelerate growth.”

DETAILS:

  • Sky Organics closed a round of growth equity investment from Nexus Capital Management.
  • In February 2021 the brand hired Christine Keihm, who was appointed as the Company’s Chief Marketing Officer.
  • Munger Tolles & Olson LLP represented Nexus as legal counsel. William Hood & Company served as exclusive financial advisor to Sky Organics on the transaction.
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