Private equity firm NexPhase Capital LP, which focuses on lower-middle-market consumer, healthcare and software and services companies, invested an undisclosed sum in ready-to-eat popcorn maker Popcornopolis LLC.
NexPhase Operating Partner Doug Corbett and Partner Jamie Kaufman will serve on the board of Popcornopolis, with Corbett joining as executive chairman.
Jefferies LLC was the exclusive financial adviser to Popcornopolis, while Lowenstein Sandler LLP and Arnold Porter Kaye Scholer provided legal advice to NexPhase on the deal.
