DALLAS--(BUSINESS WIRE)--Kainos Capital (“Kainos”), a food and consumer-focused private equity firm, today announced that Doug Reader has joined the firm as a Senior Managing Director. Mr. Reader will lead the Kainos Operations Team and serve as a strategic partner to the Firm’s portfolio companies to help drive financial, information technology, and operational success.
Mr. Reader has a long-standing relationship with Kainos that began when he served as CFO, COO and President of portfolio company SlimFast/HNS before its sale to Glanbia in 2018. Most recently, Mr. Reader was CEO of Arizona Nutritional Supplements, a full service, cGMP certified, contract manufacturer specializing in nutritional and dietary supplements. Throughout his 40-year career, Mr. Reader has focused on the consumer goods industry, specifically food, wellness, nutrition, and supplements. He has been involved with multiple private equity portfolio companies through which he developed a strong track record of business optimization, turnarounds, and aligning business goals with investment strategies.
Andrew Rosen, Managing Partner of Kainos, said, “We are excited to welcome Doug back to the Kainos family as the leader of our Operations Team. We believe the dedicated operational resources we provide help make us the partner of choice to consumer products businesses, particularly with family founder-owned businesses seeking transformational growth, as well as corporate carve-outs that require greater infrastructural support and leadership. Having worked with Doug for over a decade, we are confident in his ability to help us create value by building best-in-class food and consumer products companies.”
About Kainos Capital
Kainos Capital is a middle-market private equity firm with a focus on the food and consumer products and services sectors. The Kainos team has extensive investment and operating experience in the industry, having invested approximately $3 billion of equity in more than 40 transactions with a total transaction value of over $6 billion. The Firm’s strategy is to build a diversified portfolio of growing and strategically relevant food and consumer businesses.
For more information, visit Kainos Capital's website at www.kainoscapital.com.