Beaming Investment Press Release
SAN DIEGO — Beaming Wellness, LLC (“Beaming” or the “Company”) is pleased to announce that it has received a significant growth capital investment from an investor group led by Equity38, LLC. Beaming is an organic, super-food, health and wellness company with seven café locations in Southern California. The Equity38 investor group includes Patrick Farley, Ryan Lash and John Klein.
Farley is a seasoned fast casual restaurant entrepreneur, having founded Flippin’ Pizza and Choice Juicery. Lash is a digital-transformation entrepreneur who founded and successfully exited ymarketing at the end of 2017. John Klein is a tenured Equinox executive who recently founded Accelerator Advisors to advise emerging businesses Retail and Food and Beverage Experiential brands on their real estate strategies. In connection with the transaction, Farley has become Chairman and CEO of the Company and Lash and Klein have joined the Board of Directors, with oversight responsibilities for digital and real estate strategy, respectively.
“Beaming is a world-class brand with terrific products and I’m excited to build upon the strong efforts of the founder and prior shareholder group in establishing the brand and leading the company through a growth phase, which will include opening new locations, expanding the geographic footprint and online product offering,” said Patrick Farley.
Brent Leffel and David Cox, co-Managing Partners of Equity 38 added, “Beaming’s best-in-class product offering and excellent brand DNA give the company a solid foundation for growth. We look forward to working with Patrick, Ryan and John in building the company to its significant potential.”
About Beaming Wellness
Founded in 2011, Beaming is an organic, super-food, health and wellness company with seven café locations in Southern California. The Company’s mission is to inspire and empower people of all ages to experience greater health, happiness and vitality through the power of nutritious plant-based foods that taste amazing. More information about Beaming can be found at www.livebeaming.com.
About Equity 38
Equity 38 LLC is a boutique principal investment firm focused on lower middle market opportunities in the consumer-facing Health/Wellness, Active Lifestyle, and Outdoor sector. The firm’s Managing Partners have complementary experience as principal investors, entrepreneurs, board members and c-level executives. The firm was founded in 2017 by Brent Leffel and David Cox with offices in Newport Beach, CA and Atlanta, GA. Equity38 LLC is currently investing out of its first committed fund. For more information, please visit www.equity38.com.
About Accelerator Advisors, LLC
Accelerator Advisors, LLC consults in the strategic planning process for Retail and Food and Beverage Experiential brands on new market and real estate strategic planning, and then identifies, secures and develops retail locations for accelerated growth across multiple markets.