logo
#

Latest news with #BanskGroup

Bansk Group Publishes 2024 Annual Impact Report
Bansk Group Publishes 2024 Annual Impact Report

Associated Press

time28-05-2025

  • Business
  • Associated Press

Bansk Group Publishes 2024 Annual Impact Report

Highlights Firm's Value Creation Philosophy, Distinctive 'Five Goods' ESG Framework and Portfolio-Level ESG Progress 'Five Goods' Approach Helps Strengthen Brands, Maximize Customer Satisfaction and Positively Contribute to Communities Across Portfolio Companies – Resulting in Demonstrated Multiplier Effect NEW YORK, May 28, 2025 /PRNewswire/ -- Bansk Group ('Bansk'), a consumer-focused private investment firm dedicated to building distinctive consumer brands, today announced the publication of its second annual Impact Report, highlighting Bansk's value creation philosophy and the firm's progress in integrating its 'Five Goods' ESG framework across its portfolio. 'At Bansk, we are focused on acquiring companies with great brands and products and working closely with management teams to make them even better,' said Bart Becht, Senior Partner and Chairman of Bansk Group. 'We believe that considering material ESG factors, through the application of our Five Goods framework, is a highly effective way to not only do good, but to address what consumers care about. By doing so, we believe we are improving products, gaining market share and accelerating sales growth across our portfolio – and enhancing value creation for our investors.' Bansk's Five Goods framework is aligned with consumers' ESG expectations – products that are good for the consumer and the planet, made by companies with good working conditions, governance and social responsibility. By applying the framework at every step of the investment process – from evaluating potential acquisitions, to strengthening existing portfolio companies and measuring progress – Bansk aims to build stronger, more distinctive brands and enhanced consumer loyalty, driving higher growth and value creation. This year's report outlines case studies of how The Five Goods framework has resulted in a powerful multiplier effect across Bansk's portfolio. A brand may start with a project to improve one area and end up unleashing the potential of a brand through a series of changes that drive improvement on multiple levels. Highlights from the case studies include: 'At Bansk, we focus on great products that aim to solve for consumer needs, while also delivering provable ESG claims consumers care about,' said Mastak Pal Kaur, ESG Director at Bansk. 'We regularly evaluate what is driving consumer purchase decision-making to prioritize and refine the implementation of our Five Goods framework across our brands. Through this, we believe we can better meet our consumers' needs while also delivering value to our investors.' The full report is available on Bansk's website here. About Bansk Group Founded in 2019, Bansk Group is a New York-based private investment firm focused on investing in and building distinctive consumer brands. The firm partners with differentiated brands across four primary consumer categories: beauty & personal care, consumer health, food & beverage, and household products. Over their careers with Bansk and elsewhere, Bansk's tenured group of investors and operators have been involved in more than $30 billion of equity capital investments across more than 40 transactions with some of the most innovative and well-known consumer companies in the world. With extensive investment experience in the consumer products industry, a global network of relationships, and a tested value creation playbook, Bansk seeks to partner with exceptional founders and management teams to drive outsized organic and acquisitive growth and position brands for enduring long-term success in the evolving consumer landscape. Contacts Woomi Yun / Erik Carlson / Madeline Jones Joele Frank, Wilkinson Brimmer Katcher 212-355-4449 View original content: SOURCE Bansk Group

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store