Hail Merry Receives Minority Investment

Hail_Merry_logoHail Merry, LLC, a Dallas, Texas-based snack-food company, received a minority investment of undisclosed amount.

Backers included Dallas-based HBC Investments and Los Angeles-based Powerplant Ventures (PPV).

The company will use the proceeds to further expand its consumer and customer marketing and sales support along with distribution.

Led by founder Susan O’Brien, CEO Sarah Palisi Chapin and Chief Product Officer Alison Brushaber, Hail Merry creates snacks from pure ingredients that are consciously sourced and prepared in innovative ways. All snacks and desserts are certified gluten-free, non-GMO verified, vegan, and kosher. Customers include Whole Foods Market, Virgin America, OMNI Hotels and Resorts, HEB and Central Market, Natural Grocers/Vitamin Cottage and Costco.

Following the investment, Evale Holdings and Bedrock Holdings will continue as major investors in the business as will O’Brien, Chapin and Brushaber.

FinSMEs

12/05/2015

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