DALLAS, Jan. 14, 2019 /PRNewswire/ — Kainos Capital (“Kainos”), a leading food and consumer-focused private equity firm, today announced that Jay Desai has been promoted to a Partner of the firm. Mr. Desai was previously a Managing Director of Kainos and has over 15 years of principal investing, investment banking and strategy experience in the food and consumer products sectors.
Andrew Rosen, Managing Partner of Kainos, said: “We are very proud to recognize Jay’s accomplishments with this well-deserved promotion. Since re-joining the Kainos team three years ago, Jay has significantly improved our business development efforts and is a valued voice within our organization. We continue to invest in our human capital at Kainos and are actively developing our transaction and operations talent.”
“Re-joining the Kainos team has been a wonderful experience and I enjoy working with this strong, diverse team to bolster our relationships with intermediaries, executives and companies within the broader food and consumer industry. It’s an exciting time to be at Kainos,” added Mr. Desai.
Mr. Desai joined Kainos in 2016 to lead the firm’s business development efforts. Prior to joining Kainos, Mr. Desai was senior vice president of strategy at CROSSMARK, a leading sales and marketing services company focused on the consumer industry. He was previously a director in the mergers & acquisitions department at Deutsche Bank Securities where he concentrated on consumer opportunities, and also managed the acquisition function for Global Brands Acquisition Corporation, a consumer/retail-focused SPAC. Mr. Desai began his career at Merrill Lynch before joining Andrew Rosen and other members of the Kainos team at Hicks, Muse, Tate & Furst as an investment associate from 2005 to 2008.
About Kainos Capital
Kainos Capital is a middle market private equity firm with an exclusive focus on the food and consumer products sectors. The Kainos team has extensive investment and operating experience in the industry, having invested over $2 billion of equity in more than 65 transactions with a total transaction value in excess of $10 billion. The firm’s strategy is to build a diversified portfolio of growing and strategically relevant food and consumer businesses that trade buyers would like to acquire. For more information, visit Kainos Capital’s website at www.kainoscapital.com.
Contact: Mark Semer
SOURCE Kainos Capital