Investor Raises $102 Million for Natural Brands

Steve Hughes has founded a new company, Boulder Specialty Brands, and is looking to acquire food and beverage companies for up to $102 million. The offering prospectus specifically describes potential targets as in the specialty and organic foods sector.

"The hottest trend out there is natural and organic," Hughes said.

Boulder Specialty Brands is banking on its experienced executive team, which greatly increases the odds of securing an acquisition. According to Michael Chase of the investment firm Health Business Partners, "there’s a lot of money looking for deals, and there’s a lot of interest in natural products among those funds looking for deals."

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