
Organic Avenue, one of the hottest organic concepts in the industry today, just announced that it has sold a controlling interest in the company to minority investor Weld North, a private equity fund founded by former Kaplan, Inc. CEO Jonathan Grayer in partnership with Kohlberg Kravis Roberts & Co. (KKR). Financial terms were not disclosed.
With the deal increasing Weld North’s stake to around 70%, management changes have come as well. Read More »




