Zevia

Company

Zevia markets a leading line of naturally sweetened, GMO-free, zero-calorie beverages. All Zevia beverages are made with a handful of simple, plant-based ingredients. The company’s product line includes sodas, iced teas, energy drinks, mixers and “Kidz,” stevia-sweetened sodas for children, and is sold at more than 32,000 retailers nationwide.

Location

Culver City, CA

Sector

Consumer

Position

Current

Transaction

Northwood partnered with a new management team to lead a growth financing and recapitalization in 2010 and has participated in several follow-on financings. In 2019 and 2020, Northwood sold a portion of its holdings through private secondary offerings. In 2021, Zevia completed an initial public offering (NYSE: ZVIA). Northwood continues to hold a significant equity stake.  zevia.com