LAGO, an alternative investment platform focused on the lower middle market, closed a strategic financing facility for Koala Eco, a purpose-led consumer goods company creating high-performance home, body and cleaning products made with natural, plant-derived ingredients and pure essential oils.
“When we started Koala Eco, our goal was simple: get safe, powerful, plant-based products with Australian essential oils into more homes, and help people feel more connected to nature,” Jessica Bragdon and Paul Davidson, co-founders of Koala Eco, said. “Partnering with LAGO allows us to advance our goals on a bigger scale, expand to more retailers, and, importantly, without losing what has made our company worth building. We’re grateful for their belief in us, and excited for what will come next.”
Heather La Freniere, managing partner and COO of LAGO, added, “We’re delighted to partner with Koala Eco, a leader in the wellness and sustainability space, and this financing which includes a revolving line of credit and meaningful growth capital term loan will help drive their continued growth and expansion efforts. We have every confidence in their product line that is clean, natural and effective for a variety of consumer and household needs while making a positive environmental impact, and are so pleased to support this next phase of development.”
