Kim Kardashian’s Buyout Firm Reaches First Deal With Truff Sauce Brand
- Skky Partners acquires minority stake in condiment maker
- Truff’s sales have expanded to include Whole Foods, Target
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Skky Partners LP, the investment firm led by Kim Kardashian and Jay Sammons, has gotten a taste of the private equity world now with its first acquisition in Truff, the maker of luxury condiments infused with the culinary delicacy truffle.
The consumer-focused firm has acquired a significant minority stake in the company, according to a statement reviewed by Bloomberg News. Financial details of the purchase, which is set to close in the first quarter, weren’t disclosed.