Latest news with #EagleTree
Yahoo
29-05-2025
- Business
- Yahoo
Granola brand NuTrail gets investment from EagleTree Capital
US granola brand NuTrail has received an undisclosed investment from private-equity firm EagleTree Capital. Alongside what EagleTree said was a "strategic investment", Sheila Stanziale has been appointed as the CEO of Miami, Florida-headquartered NuTrail. New York-based EagleTree said the new CEO 'will work alongside' co-founders Ilya Avshalumov and Roni Avshalumov. Commenting on the investment and appointment, Ilya Avshalumov said: 'We are excited to partner with EagleTree and Sheila, who share our vision and values. 'Both Sheila's expertise and EagleTree's resources and incredible team will enable us to accelerate NuTrail's growth.' Stanziale founded and led Spudlove Snacks as CEO, worked as CEO of Mighty Leaf Tea Company, and was president of Diageo-Guinness USA. She also held senior executive positions at PepsiCo for 14 years. According to her LinkedIn profile, Stanziale has been working as an independent board director at EagleTree since April 2024. Founded in 2019, Nutrail offers no-sugar-added 'nutritionally superior' granola flavours such as chocolate, honey nut, and cinnamon pecan. Stanziale described NuTrail as an 'exceptional brand, with amazing products and a very talented team. George Majoros, co-managing partner at EagleTree, added: 'We are thrilled for NuTrail to be the second food sector investment in our latest fund. 'We have had the pleasure of partnering with Sheila as a board member on our prior food sector deal and look forward to collaborating with her as CEO of NuTrail.' EagleTree focuses on investments in sectors including consumer products, media, business services, and speciality industrial. In 2023, the New York-based investor acquired Summit Hill Foods, a supplier of cooking sauces and meal ingredients. Summit Hill Foods' retail brands include The Original Louisiana Hot Sauce, Better Than Bouillon cooking sauces, and Better Than Gravy. Summit Hill Foods, formerly known as Southeastern Mills, has a history dating back to 1941 when it started as a family-owned bakery. In 2015, the company acquired The Original Louisiana Hot Sauce brand from Bruce Foods Corp. for an undisclosed sum. The company's rebranding to Summit Hill Foods occurred in 2020 "Granola brand NuTrail gets investment from EagleTree Capital" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Wire
28-05-2025
- Business
- Business Wire
EagleTree Capital Makes Strategic Investment in NuTrail
NEW YORK--(BUSINESS WIRE)--EagleTree Capital, L.P. ('EagleTree') announced today that it has made a strategic investment in NuTrail, a leading nut-based granola brand, on behalf of investment funds it manages. Terms of the transaction were not disclosed. In conjunction with this investment, Sheila Stanziale has joined NuTrail as Chief Executive Officer and will work alongside co-founders Ilya Avshalumov and Roni Avshalumov. Sheila Stanziale was previously the Founder & CEO of Spudlove Snacks, CEO of Mighty Leaf Tea Company, and President of Diageo-Guinness USA. She also held senior executive roles at PepsiCo over a fourteen-year period. 'We are excited to partner with EagleTree and Sheila, who share our vision and values,' said Ilya Avshalumov. 'Both Sheila's expertise and EagleTree's resources and incredible team will enable us to accelerate NuTrail's growth.' Stuart Martin, Partner at EagleTree, added, 'We have been loyal fans and customers of NuTrail for a long time and have the utmost admiration for everything Ilya, Roni and the NuTrail team have achieved to date. We look forward to being a part of NuTrail's next chapter.' 'NuTrail is an exceptional brand, with amazing products and a very talented team. I am honored to join the NuTrail family and to be working with EagleTree to guide NuTrail's next phase of growth,' added Sheila Stanziale. 'We are thrilled for NuTrail to be the second food sector investment in our latest fund. We have had the pleasure of partnering with Sheila as a board member on our prior food sector deal and look forward to collaborating with her as CEO of NuTrail,' added George Majoros, Co-Managing Partner at EagleTree. Houlihan Lokey acted as exclusive financial advisor, Winston & Strawn acted as legal advisor and Ernst & Young acted as financial advisor to NuTrail. Jones Day acted as legal advisor and Alvarez & Marsal acted as financial and tax advisor to EagleTree. About NuTrail NuTrail is a highly differentiated, nut-based granola with no sugar added that is nutritionally superior, delicious and made with a simple list of ingredients. Made from a family recipe using nature's nuts, seeds and fruits, NuTrail addresses modern consumers' needs for low sugar and protein rich foods. To learn more, visit About EagleTree Capital EagleTree Capital is a leading New York-based middle-market private equity firm, with $4.8 billion of assets under management, that has completed 45 private equity investments and over 100 add-on transactions over the past 20+ years. EagleTree primarily invests in North America in the following sectors: business services, consumer, and specialty industrial. For more information, visit or find EagleTree on LinkedIn.
