Yasso Receives Investment from Castanea Partners

Yasso, a Quincy, MA-based frozen dessert brand offering Greek frozen yogurt novelties and pints, received an investment from Castanea Partners.

The amount of the deal was not disclosed.

The company intends to use the funds to continued growth.

Co-founded in 2009 by co-CEOs Amanda Klane and Drew Harrington, Yasso is a Greek frozen yogurt brand featuring stick bars, sandwiches, and newly announced pints that have 80 to 150 calories and 5-6g of protein per serving. The company distributes products nationwide through conventional grocery stores, as well as the natural, club and mass channels.

Castanea Partners is a middle-market, consumer-focused private equity firm founded by operating executives and private equity professionals. They partner with small and mid-sized consumer product and services brands, including companies in lifestyle apparel and accessories, beauty and personal care, food and beverage, and outdoor and leisure. The firm typically invests between $15 to $150m of equity funding.
Castanea has approximately $1 billion under management and is currently investing from a $600 million fourth fund.




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