Stonegate Capital closed a senior debt investment with Clio Snacks. Founded in 2015 by Sergey Konchakovskiy, Clio offers a line of handheld Greek yogurt bars and granola and yogurt parfait bars. Clio recently launched three new additions to its refrigerated, handheld bar portfolio: chocolate Greek yogurt bars, vanilla yogurt bars with less sugar and vanilla almond granola and yogurt parfait bars.
“Clio is an innovative fresh snacking brand and we are ecstatic about our partnership with the company. We pride ourselves on aligning with the high-growth, entrepreneurial backed market, and this thesis aligns perfectly with Clio’s exciting market disruption in the healthier-for-you snacking space,” Jordan Hoppe, director at Stonegate Capital, said. “We are certainly looking forward to being a collaborative partner in Clio’s already impressive growth story.”
