Bain Capital sells Boost Juice, Betty’s Burgers parent
FEBRUARY 5, 2023
Bain Capital has sold its stake in Retail Zoo – which operates Boost Juice and Betty’s Burgers – to private equity firm Admantem Capital. The value of the deal was reported to be worth about $350 million. Upon completion of the deal, Retail Zoo’s new investment partner will own a majority of the business and partner with the existing management team led by Nishad Alani, CEO of Retail Zoo.