Nexus Capital: Completes Acquisition Of CK Snacks

Omaha / NE. (ski) Nexus Capital Management LP, a Los Angeles-based alternative asset management firm, in partnership with CEO Jamie Colbourne and the founders, announced it has acquired Cheeze Kurls LLC (CK Snacks), a premier manufacturer of salty snack food sold primarily through the retail and grocery channels in North America from Kilroy Partners.

«CK aligns with our extensive experience investing in food and beverage, and we look forward to supporting the Company in its next phase of growth,» said Daniel Flesh, Partner at Nexus. «We are excited to partner with the Company, its management team and its CEO, Jamie Colbourne, who has been an operating advisor to Nexus for many years. On behalf of Nexus, I would like to express my gratitude to the CK team for working with us on this transaction.»

CK Snacks CEO Jamie Colbourne: «CK has built a leading position in the snack food industry due to our ability to consistently produce innovative and high quality products for our customers. I want to thank our employees, customers and vendor partners for helping us reach this milestone in the Company’s history. I look forward to working closely with the Nexus team to facilitate the continued success and expansion.»

Nexus Principal TJ Parthemer: «CK Snacks works in an attractive category within food manufacturing. We look forward to working closely with management and all employees to continue building this platform.»

Kilroy Managing Partner Mark Hughes: «We are grateful for the efforts of Jamie and the entire team in making this such a successful investment and wish Nexus the best of luck during the next stage of growth.»