|[January 22, 2013]
Goal Zero Powers Forward with $7M of Growth Capital from Mercato Partners
SALT LAKE CITY --(Business Wire)--
Mercato Partners (News - Alert) invested $7M in Goal
Zero, innovator of portable solar power systems. The company
partnered with Mercato to accelerate retail, online and international
sales. Goal Zero, is one of the top emerging companies in Utah, was
honored with an Innovation Award at the 2013 Consumer Electronics Show.
Goal Zero powers devices in a variety of situations including: charging
gear on a camping trip, running essential devices in a natural disaster,
and keeping you charged on the go when plugging into the grid is not an
option. The company's products are sold through Amazon.com, Best Buy (News - Alert),
Costco, Cabela's, Lowe's, REI and other retailers nationwide.
"Goal Zero is a perfect fit for Mercato's portfolio. The company is
leading the way in this emerging category of portable power and rapidly
expanding sales. We have great confidence in ther team and are excited
to join the Goal Zero Nation," commented Aaron DeRose, Mercato Director
and Goal Zero board member.
"Mercato provides more than just capital, their team has a proven track
record of growing technology and consumer brands," Joe Atkin, Goal Zero
CEO. "We share an aligned vision of Goal Zero's mission to empower human
potential. There is something special about providing people with
portable, renewable power that makes the use of mobile phones, GPS,
laptops and even refrigerators possible when power would otherwise be
unavailable, unreliable, or too expensive."
About Goal Zero
Goal Zero is the industry leader for renewable and reliable solar power.
Born out of the desire to empower people everywhere, Goal Zero's
products are designed to give you the freedom to go anywhere, regardless
of battery life. From cellphones to refrigerators, and everything in
between, Goal Zero products keep you connected and powered up in any
situation. Life never stops. Why should your gear Solar power.
Perfected. For more information, visit www.goalzero.com.
About Mercato Partners
Mercato Partners is an active growth investor in technology, branded
consumer and digital media companies and is one of the top performing
firms in the nation. Mercato seeks equity investments in high growth,
market leading businesses and has a distinct competency in helping
companies accelerate sales, develop new channels and expand to new
markets. For more information about Mercato Partners and its portfolio
of companies visit www.mercatopartners.com.
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