Kainos Capital Welcomes Doug Reader as Senior Managing Director
Gracie Gottlieb | 7 August, 2023
DALLAS-- Kainos Capital, a leading private equity firm focused on the food and consumer industries, is pleased to announce the addition of Doug Reader as Senior Managing Director. With a wealth of experience in the consumer goods sector, Mr. Reader will lead the Kainos Operations Team, working closely with portfolio companies to drive financial, information technology, and operational success.
Doug Reader has a long-standing relationship with Kainos, dating back to his tenure as CFO, COO, and President of portfolio company SlimFast/HNS. His expertise played a significant role in the successful sale of SlimFast/HNS to Glanbia in 2018. Most recently, Mr. Reader served as CEO of Arizona Nutritional Supplements, where he oversaw the manufacturing of nutritional and dietary supplements. With over 40 years of experience in the consumer goods industry, specializing in food, wellness, nutrition, and supplements, Mr. Reader has a proven track record of optimizing businesses, leading turnarounds, and aligning business goals with investment strategies.
Andrew Rosen, Managing Partner of Kainos, expressed his enthusiasm for Doug Reader's return to the Kainos family, stating, "We are excited to welcome Doug back to the Kainos family as the leader of our Operations Team. With our dedicated operational resources, we are the partner of choice for consumer products businesses, particularly for family founder-owned businesses seeking transformational growth. Doug's extensive experience and strategic insights will help us create value by building best-in-class food and consumer products companies."
Kainos Capital is a middle-market private equity firm specializing in the food and consumer products and services sectors. The firm has an impressive portfolio of investments, having deployed approximately $3 billion of equity in over 40 transactions with a total transaction value exceeding $6 billion. The company's strategic focus is on building a diversified portfolio of growing and strategically relevant food and consumer businesses.
For more information about Kainos Capital and their investment strategies, please visit their website at [www.kainoscapital.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.kainoscapital.com&esheet=53509605&newsitemid=20230807220354&lan=en-US&anchor=www.kainoscapital.com&index=1&md5=b36046352cc242ed2f021a3ba43266d2).
In conclusion, Kainos Capital's appointment of Doug Reader as Senior Managing Director highlights the firm's commitment to driving operational excellence and success within their portfolio companies. With his extensive industry experience and proven track record, Mr. Reader is well-positioned to help Kainos create value and build best-in-class food and consumer products companies.
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