AquaHydrate, a Colton, CA-based producer of a purified, alkaline bottled water with electrolytes and trace minerals, has received a $10m equity investment from an affiliate of The Yucaipa Companies, LLC.
The company intends to use the funds to strengthen its balance sheet and accelerate national roll out of its sports drink.
AquaHydrate is discussing with a number of strategic investors to secure a long-term partner that will provide distribution and an enhanced marketing capability for the product to allow the company to further advance to the national rollout out phase of its U.S. strategy. There are also plans to expand into overseas markets.
AquaHydrate is currently available in the U.S. in more than 2,200 stores including grocery, health and natural food stores and online.
The company is led by CEO and Chairman Steven Fisher.
FinSMEs
01/03/2011