May 2024 | Oklahoma
Kosmos Q acquired by L2 Capital
We are pleased to announce the sale of our client Kosmos Q, LLC to L2 Capital. The acquisition was first announced on May 3, 2024.
Kosmos Q, located in Oklahoma City, Oklahoma, sells world champion barbecue rubs, injections, marinades, glazes, and wing dust via its Direct-to-Consumer (D2C) website in addition to Amazon sales, wholesale customers, such as Wal-Mart, Ace Hardware, Buc-ee’s, Scheels, and Bass Pro Shops/Cabela’s, and a small retail storefront.
The Company was founded and led by President, Darian “Kosmo” Khosravi, who is an all-in-one champion pitmaster, savvy social media marketing guru, and overall barbecue superhero. Darian has retained a meaningful equity stake and will continue leading the business in partnership with L2 Capital.
Kosmos Q’s excellent industry reputation and ever-growing brand awareness has established it as the rising star BBQ brand in the country. BBQ connoisseurs, hobbyists, and home cooks have made Kosmos Q the go-to source for education, recipes, and of course BBQ rubs, injections, marinades and glazes, and everything BBQ in the grilling and barbecue community.
Headquartered in Devon, Pennsylvania, L2 Capital (L2) is a private equity firm accelerating breakthrough business growth for founders and investors alike. Because L2 sees companies in a way that no one else does, they are able to recognize potential where others may not, and they have an amazing track record with D2C investments.
The L2 team is always willing to roll up their sleeves and do whatever it takes to ensure success, and there’s no better partner to celebrate the wins or navigate rough waters with. Having a direct-ownership mentality, they go above and beyond every time.
Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, with the support of Vice President, M&A, Lance Thomasson closed the deal. Managing Director of Strategic Accounts, Suzanne Harp established the initial relationship with Kosmos Q.
“Darian has built such an amazing business with Kosmos Q, and from the beginning developed the product name and reputation as a D2C business, such that the large wholesale/retail players are excited to add any number of Kosmos Q SKUs to their shelves,” said Goss.
Goss added, “Darian and L2 Capital had an immediate rapport and vision to partner together and accelerate Kosmos Q’s expansion to more retail shelves, and to continue to drive expansionary D2C growth via additional digital marketing campaign strategies, and together they will share a tremendous amount of success going forward.”
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services page.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Retail page.
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