Chris Munyan Joins IVEST Consumer Partners as Operating Partner
VANCOUVER, British Columbia - Jan. 11, 2021 - PRLog -- VANCOUVER, CA – IVEST Consumer Partners ("IVEST"), a leading private equity firm focused exclusively on the consumer sector, today announced that Chris Munyan has joined the firm as an Operating Partner, focusing on generating new investment opportunities, executing transactions and working with partner companies.
"We're thrilled to welcome Chris to the IVEST team," said Sam Bremner, Co-Founder of IVEST Consumer Partners. "He has an exceptional track record in M&A and leadership across the consumer sector. Chris has industry insight and a deep network of relationships that will help us further expand our investing efforts. We look forward to leveraging his global perspective as we continue to evaluate new investment opportunities in high-growth consumer companies."
Chris added, "IVEST has established itself as a leading consumer-focused private equity firm investing in and growing innovative consumer companies. I am delighted to join such a talented team of investors and to contribute to creating value and helping entrepreneurs and management teams achieve their full potential."
Chris has over 25 years of broad experience in consumer products. Chris was the President and CEO of CSS Industries from 2006 to 2020 when the company was sold to a strategic buyer. CSS sold over $350 million into the craft, seasonal and gift markets. Chris has extensive experience in sales management, finance, operations, turnaround and M&A, having closed over 20 acquisitions during his time at CSS Industries. In 2019 Chris led his management to cut over $30mm in expenses at the company.
From 2004 to 2006 Chris was the Chief Operating Officer of CSS Industries. He was responsible for three operating companies with combined sales of over $500 million. From 1993 to 2004 Chris worked for Berwick Offray LLC in various roles, including President from 1999 to 2004. He led the 350% sales growth of this decorative ribbon business to over $200 million in sales by 2004.
Chris graduated from Rutgers University, with a B.S, in Accounting and is a Certified Public Accountant
About IVEST Consumer Partners
Innovative consumer investors, IVEST brings C-Suite Fortune 500 experience to a unique and disciplined approach to investing, IVEST invests in companies to which they can provide transformative operational value. IVEST writes equity checks of $25-$125 million. IVEST manages over $500 million in assets and invests in innovative consumer companies that can benefit from IVEST's best-in-class operational experience and global relationships