Califia Farms Announces $50 Million Investment from Private Equity Firm Stripes Group

Sep 15, 2015 at 12:00am

In the two-and-a-half years since its brand launch, Califia Farms has rapidly emerged as a fixture in the market for almond milk beverages and, more recently, cold-brew coffee, with the company charging forward on innovation in both fast-growing categories. In a clear sign that Califia has no plans to slow down, the company today announced a $50 million minority investment from Stripes Group, a New York-based private equity firm, whose portfolio includes stakes in a handful of food-related businesses.

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