Sherbrooke Capital

Sherbrooke Capital is a prominent private equity firm based in Newton, Massachusetts, specializing in growth equity investments within the healthy, active, and sustainable living sectors. While often described as a venture capital firm, their strategic focus leans towards established consumer brands that have demonstrated significant revenue and market traction. The firm partners with entrepreneurs and management teams to scale companies that promote healthier lifestyles and sustainable consumption.

The firm's investment strategy targets companies with existing revenues, typically ranging from $5 million to $50 million, indicating a focus on later-stage growth rather than early-stage venture capital. Sherbrooke Capital aims to provide capital and strategic guidance to accelerate the growth of these businesses, often taking a lead investor role in funding rounds. Their commitment to this niche is underscored by the successful closing of multiple funds, including Fund IV at $160 million in 2010 and Fund V at $180 million in 2017, demonstrating substantial capital under management dedicated to this sector.

Sherbrooke Capital's portfolio showcases a diverse range of successful consumer brands. For instance, the firm led a $20 million investment round in Canyon Bakehouse, a gluten-free bakery, highlighting their capacity for significant capital deployment in individual companies. Other notable investments include popular brands like CorePower Yoga and SmartyPants Vitamins, further illustrating their commitment to the health and wellness space. Their typical first check sizes reflect their growth equity mandate, generally ranging from $10 million to $40 million, enabling them to fuel substantial expansion for their portfolio companies.

This focused approach allows Sherbrooke Capital to leverage deep industry expertise and a robust network to support its portfolio companies through critical growth phases, from market expansion to product innovation. Their long-standing presence and consistent fundraises affirm their position as a key financial partner for consumer brands in the healthy living economy.