Newton Lower Falls, MA — Sherbrooke Capital, a growth capital fund, recently announced the appointment of Paul Nardone as an Operating Partner. Sherbrooke Capital invests in the rapidly growing Healthy, Active and Sustainable Living market which includes healthy food and beverages, active lifestyle, personal care products, green living products, and animal care and nutrition. Sherbrooke investments include Oregon Chai, Izze Beverage, Immaculate Baking, Boathouse Sports, Affinnova, Food Should Taste Good, Angie’s Kettle Corn, Ciao Bella, Farmigo, and Halfpops.
Most recently, Paul was CEO of Immaculate Baking, a Sherbrooke portfolio company, where he led Immaculate to become the top-selling natural brand in the $2 billion refrigerated dough category. Immaculate was acquired by General Mills in January 2013. Prior to Immaculate, Paul was CEO of Stirrings and Annie’s Homegrown. Paul has an impressive track record of building great teams and achieving superior operating results. As an Operating Partner at Sherbrooke, Paul will leverage his industry experience and success in building great companies to help identify new investment opportunities and work with existing portfolio companies.
“We have an extensive and successful working relationship with Paul, established over the past five years while he led and built one of our portfolio companies through its successful exit. It was clear to our team that Paul’s skill set, industry insight, and experience will be a great asset to our portfolio companies and help us spotlight potential new investments,” said John Giannuzzi, Managing General Partner. “He is a proven executive who brings a wealth of knowledge and experience to the firm.”