Mindful Chef Ltd has sold a minority stake to Piper Private Equity
The shareholders of Mindful Chef Ltd have sold a minority stake in the company to Piper Private Equity for US$6.4 million.
Mindful Chef is a health-focused subscription recipe box delivery company. Founded by childhood school friends Rob Grieg-Gran, Giles Humphries and Myles Hopper, Mindful Chef looks to make healthy eating easy. Since its launch in 2015, it has experienced rapid growth – including a 178% rise in sales in the past year – delivering nearly two million meals to UK consumers. Based in London, the brand has annual sales of US$12.8 million and employs 27 people.
Piper Private Equity is a specialist private equity firm focused on investments in consumer brands with strong growth potential. Working in partnership with management teams, their goal is to build well-run, industry-leading companies with superior operating results and attractive growth prospects.
Oaklins Cavendish, based in the UK, advised the shareholders of Mindful Chef.
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