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- Next In Natural expands with new mergers and acquisitions division; Ted Tieken named director of the future
BROOKLYN, N.Y., March 6, 2024 /PRNewswire/ -- Next In Natural, the firm specializing in custom operations for emerging organic food and beverage companies, is pleased to announce the expansion of a new M&A division and the appointment of Ted Tieken as future director at the helm.
Founder and CEO Jeff Lichtenstein shared his excitement, stating, "Next In Natural's organic growth is a testament to the quality of both our team and our products. The addition of Ted Tieken, with his experience as an owner- operator and scaler of better-for-you Consumer Packaged Goods (CPG), positions us to expand our portfolio more strategically as we grow.”
In his role as Future Director, Tieken will be responsible for identifying and evaluating companies to be included in the Next in Natural framework. Ideal candidates have between $5 million and $50 million in revenue, preferably in the salty snacks and beverages sector, and the founders are at an inflection point. These candidates often have a proven product, but need support to reengineer or expand their business. "That's where Next in Natural comes in," Lichtenstein noted. "Our unique operating model allows founders to do what they do best while we take care of the rest."
In addition to focusing on identifying and evaluating new companies, Tieken will also lead Next in Natural's inaugural capital raising, support the company's commitment to R&D, and provide operational guidance to accelerate the growth of the company's portfolio companies.
Prior to joining Next in Natural, Tieken served for ten years as founder and CEO of Keto and Co, a provider of low-carb snacks, baking mixes and ready-to-drink meal shakes. He was an acclaimed analyst at the consulting firm McKinsey and Co, and has a bachelor's degree in Social Studies from Harvard University.
Tieken commented: "Next In Natural's platform enables CPG founders to thrive in an innovation-focused environment, supported by an experienced team that has successfully launched and scaled iconic brands. Our team has a unique ability to not only find what's next in natural and organic, but rather getting companies to a sustainable place quickly and then skillfully scaling. We look forward to partnering with the right founders and strategic partners to help further our mission of helping make the world a better place to eat. and drink, organically."
About Next in Natural:
Next In Natural, based in Brooklyn, New York, invests in and operates natural CPG startups with a focus on sustainable and regenerative agriculture. CEO Jeff Lichtenstein's extensive experience in the natural CPG category includes helping launch and scale companies such as Chobani, Stumptown and Hu, among others, as founder and CEO of Gourmet Guru, later acquired by UNFI.
For more information:E-mail: Info@NextInNatural.comWebsite: www.NextInNatural.com
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