Latham & Watkins Advises Stride Consumer Partners Investment in Serenity Kids’ US$50 Million Series B

Serenity Kids, a shelf-stable pouched baby food brand, has closed a US$50 million minority investment and partnership with Stride Consumer Partners LLC (Stride), a growth-equity investment firm focused on the next generation of great consumer brands and services. The growth capital from Stride will fuel investment within key areas of Serenity Kids' business, namely marketing, talent, and innovation. The funds and strategic partnership with Stride will support Serenity Kids' vision to improve the well-being of all children by making it easier for parents to feed their kids the healthiest food.

Latham & Watkins LLP advised Stride in the transaction with a Boston-based team led by partner Nate Amory, with associates Laki Triantafylidis, Brian Wolgast, and Cherrie Wang. Advice was also provided on tax matters by Bay Area partner Grace Lee, with associate Rasha Suleiman; on compensation and benefits matters by New York partner Austin Ozawa, with associate Jaye Han; on FDA regulatory matters by Washington, D.C. counsel Monica Groat, with associate Meryl Bartlett; on data privacy matters by Washington, D.C. partner Clayton Northouse, with associate Alex Theuer*; on intellectual property matters by Boston partner Sarah Gagan, with associates Matthew Snyder, and Alex Theuer;* and on FTC regulatory matters by Washington, D.C. partner Jennifer Archie.

* Admitted to practice in New York.