Kainos Capital Grows Investment Team with New Talent, Welcomes Returning Leader as VP

The Dallas-based private equity firm has seen considerable activity in 2023, including the close of its third flagship fund at over $1 billion and the exit of BeautyBio. The personnel expansion follows the recent appointment of former SlimFast executive Doug Reader as a senior managing director.

Kainos Capital continues to expand its investment leadership, announcing the return of VP Catherine Anne Prideaux and the addition of three new associates.

The new hires come on the heels of naming former SlimFast executive Doug Reader as a senior managing director of the firm in early August.

Both announcements follow major developments for the firm this year, including the February close of its third flagship fund at over $1 billion, the largest in the firm’s history.
Fund III targets family-owned businesses and corporate carve-outs in food and consumer products. This month, Kainos sold its stake in Dallas-based skincare brand BeautyBio to Nu Skin Enterprises as BeautyBio was acquired by Nu Skin’s Rhyz subsidiary.

Kainos—derived from Greek words meaning “fresh” and “new”—says it’s worked for more than two decades with manufacturers and marketers of food and consumer products to execute “change capital” initiatives that help companies refresh and renew to accelerate growth and drive financial results.

Prideaux returns

Left to right: Catherine Anne Prideaux, Gage Baumli, Cate Mason, Molly Swenson, and Brooks Thomas [Photos: Kainos Capital]

Prideaux first joined Kainos in 2018 and served as an associate and senior associate before attending the Wharton School where she recently earned her MBA. Kainos said that Prideaux will be actively involved in the evaluation, execution, and management of portfolio companies, and will help lead the firm’s associate recruiting and development activities.

Kainos said that three new associates also have joined the firm: Gage Baumli, Cate Mason, and Molly Swenson. The firm also announced that Brooks Thomas has been promoted to senior associate from associate.

Adding ‘tremendous leadership’

Andrew Rosen, founder and managing partner, Kainos Capital [Photo: Kainos]

“We are excited to have several talented professionals join our team this summer as we continue to build out our firm,” said Kainos Managing Partner Andrew Rosen. “Our ability to drive transformational growth depends on recruiting top talent with diverse perspectives and experiences.”

Regarding Prideaux’s return, Rosen added: “We are especially pleased to welcome Catherine Anne back to Kainos as a vice president. During her first tenure on the Kainos team, she consistently demonstrated exceptional skill and work ethic, and in this elevated role she will undoubtedly add tremendous leadership and value to our investment process, our portfolio company Change Capital approach, and our culture.”

Kainos Capital is a middle-market private equity firm that has invested roughly $3 billion of equity in more than 40 transactions with a total transaction value of over $6 billion.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

One quick signup, and you’re done.  

R E A D   N E X T

  • A subsidiary of Boston-based Bain Capital Credit is backing the launch of Legacy Corporate Lending, a new asset-based lending company headquartered in Plano that will serve middle market companies that might not be able to readily access traditional forms of lending. “We are excited to establish this well-capitalized platform in partnership with Bain Capital Credit at a time when lending provides an essential solution to many companies,” Legacy Corporate Lending CEO Clark Griffith said in a statement. “We see a significant opportunity to leverage our combined credit investment and industry expertise to provide borrowers with flexible, solutions-oriented capital. We look…

  • Girls Inc. of Metropolitan Dallas is expanding its impact in helping girls dream big and learn skills for life-long success with help from Capital One.

  • Game-changing leaders share insights on ways nonprofits can recover from pandemic-related setbacks and build resilience for long-term success at Capital One’s seventh annual summit.

  • Dallas has proven to be an ideal home base for Cypress Growth Capital, Quincy Preston wrote last week in Dallas Innovates. The firm's unique model is defying norms in the funding landscape by fostering rapid growth without diluting entrepreneurial control.

  • EarthX is seeking innovators and investors to participate in its 2023 EarthX E-Capital Summit April 19-22 at Fair Park in Dallas. At the summit, early-stage climate tech companies will be able to make pitches for a chance at a cash prize. There will also be discussions on investment and industry trends by leading industry professionals, investors, startups, and policymakers, EarthX said, along with curated and self-selected one-on-one networking meetings between investors, dealmakers, and innovators.