Kombucha Brand Health-Ade Has New Owner and CEO After First Bev Acquires Company
Kombucha brand Health-Ade announced longstanding partner First Bev has acquired a controlling stake in the company, with investment help from Manna Tree. Daina Trout, who co-founded Health-Ade in 2012, has taken on the new role of Chief Mission Officer and will work in partnership with Jack Belsito, Managing Partner of First Bev, who will assume the role of CEO. Daina and Jack will be working to cultivate further growth for the fast-growing business, capitalizing on increasing consumer demand for gut-healthy products and expansion opportunities in retail accounts domestically and internationally.
Under the leadership of its three founders, Health-Ade quickly evolved from selling its flagship kombucha in the Los Angeles farmers' markets into one of the top-selling kombucha beverage brands with retail sales over $200M annually. Today, Health-Ade can be found in over 45,000 stores nationwide. Health-Ade's award-winning products include the original Health-Ade Kombucha line, recently launched Pop prebiotic soda, Health-Ade Plus, a kombucha line featuring adaptogenic ingredients to fit different mood states, and Health-Ade Cocktail Mixers, a delicious, just-add-spirit, cold-pressed mixer line. Already in 2021, Health-Ade has launched a multimillion-dollar education campaign aimed at disseminating information about gut-health and kombucha in an entertaining, easy to digest format.
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