05/26/2021

Holland & Hart Represents NextWorld Evergreen in Investment in Sambazon

Holland & Hart represented NextWorld Evergreen, a San Francisco-based investment partnership, in its $45 million Series F Preferred Stock financing investment in Sambazon, the first certified Organic and Fair Trade Açaí company. Under the terms of the transaction, NextWorld partners David Fife and Tiffany Obenchain will join Sambazon’s board of directors.

NextWorld Evergreen invests in minority and majority positions in companies with revenues of $10 million to $100 million that focus on conscious consumer brands and practice transparency and accountability to the planet and the people who share it, while generating profitable growth. Sambazon, an acronym for “Sustainable Management of the Brazilian Amazon,” invests a percentage of its fruit purchases directly back into communities in Brazil to support local farmers. The US company has a national presence across the natural and conventional grocery channels, retail stores, and a growing food service business, as well as international distribution in more than 45 countries.

The Holland & Hart transactional team was led by Boulder-based corporate partners Finity Jernigan and Chuck Cotter, with assistance from Robert Denzer, Holly Ellsworth, Scott Havlick, Brent Johnson, Jeff Larson, and Candace Alai.

Holland & Hart’s food, beverage, and consumer products team helps clients address legal issues that arise from farm to table and everything in between. Our clients include investors, entrepreneurs, producers, manufacturers, and distributors of food, beverage, and hospitality-related products and services.

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