Country Archer closes new $12M series C Round, announces plans to move facilities
Country Archer Jerky Co. has announced that it is expanding again and plans to move to a new, larger meat snack facility down the road from its current facility, following a $12 million capital raise from long-time equity partner, Monogram Capital Partners. This investment from the Los Angeles-based private equity firm will support development and build out of a new state-of-the art meat snack facility, doubling Country Archer’s production capacity to meet rapidly growing demand for its products for the second time in less than two years.
Opening in San Bernardino in late Spring 2020, Country Archer’s new 72,000 square feet facility will allow for streamlined operations to meet consumer demand, cutting-edge manufacturing and facilitate on-going innovation. The move is fueled by the continued outperformance and strong growth of the brand’s clean-ingredient meat snacks. Country Archer has the top five jerky SKUs in the natural channel and the rate of growth is significantly outpacing overall jerky and meat snack growth, outperforming the natural products meat snacks sub-category* by 295 percent and the category overall by 550 percent.