Carson City, Nevada-based Stellar Snacks was founded by mother-daughter entrepreneurs Elisabeth and Gina Galvin. Their company manufactures non-GMO, Kosher, vegan pretzels using clean ingredients and then packs them in colorful bags.
Stellar has partnerships with Southwest and Alaska airlines, as well as nationwide retail distribution in Albertsons, Costco, Kroger, Safeway, Sprouts Farmers Market and Target stores.
Main Post Partners is a consumer-focused private equity firm that specializes in founder-led, high-growth disruptor brands.
“Stellar has built an exceptional brand rooted in product quality, authenticity and strong consumer loyalty,” said Jeff Mills, managing partner at Main Post Partners.
“We’re impressed by the team’s vision and execution to date and are excited to partner with them to unlock the brand’s next phase of growth.”
Kentucky production expanded
The new partnership follows other milestones for Stellar, including expanded production capacity at its facility in Louisville, Kentucky, and securing distribution gains across thousands of retail locations nationwide.
Main Post Partners’ investment will support expanded distribution, enhanced brand marketing initiatives, and continued investments in innovation and operations to meet growing demand, the companies say.
“We’re thrilled to embark on this next chapter for the Stellar Snacks family,” said Elisabeth Galvin, CEO of Stellar Snacks. “Main Post brings deep experience partnering with founder-led CPG brands, and this partnership means the world to us.
“The investment will allow us to scale with purpose while staying true to the values that have defined Stellar from the very beginning: quality, creativity, and greatness.”
Gina Galvin, chief creative officer, added that the company has always been about building a brand people can connect with.
“This partnership feels deeply aligned with our vision, and we’re energized by the opportunity to grow the brand while continuing to build something meaningful for our team, our customers and our community,” she said.
I had the pretzels on Alaska Airlines and they are very, very good. I had to ask for more bags because I liked them so much. Great product and good luck.