Kevin Schwartz, CEO and managing partner of the firm, cited the company's robust portfolio and long-term strategic potential as primary drivers for the intended purchases. Having backed the business since August 2021, the firm maintains that its thesis regarding the brand's fundamental health remains intact despite market fluctuations.
In section Releases
Paine Schwartz Partners Signals Intent to Increase Suja Life Stake
Paine Schwartz Partners, a long-term investor in Suja Life, announced plans to acquire additional shares of the plant-based beverage company through open-market transactions. The private equity firm, which held its entire position during Suja Life's initial public offering, views the current stock valuation as a distinct investment opportunity.
Any future acquisition of Suja Life common stock remains at the firm's discretion, contingent upon prevailing market conditions and regulatory requirements. The firm holds no obligation to complete specific purchase volumes and retains the right to suspend or discontinue buying activity at any time without prior notice.
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