NEW YORK, NY - 
(NewMediaWire) - June 27, 2024 - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), announces execution of MOU for distribution and strategic investment with search fund and start up incubator, Apokar Investment Group, LLC.
The agreement calls for a progressive investment in marketing, distribution, and strategic sales efforts for its flagship alkaline water products, Diamond Creek Water.
"As the interim management team, our primary mission was to rebuild trust with our suppliers, distributors, and, most importantly, our customers. Our ultimate goal, however, was to position the company for a seamless transition to a strategic partner with the expertise and networks to amplify our reach. This executed MOU lays the groundwork for a powerful alliance that will propel Diamond Creek Water to mass distribution far faster than we could achieve alone. We are thrilled about this partnership, not only for its potential to drive substantial growth for our subsidiary but also because it allows management to pursue other expansion opportunities, such as acquisitions and additional partnerships. That’s where our efforts will now be focused on," said Eduardo Brito, CEO.
Apokar’s incubator support for this investment will include the leadership of Shawn Heitz as the Operating Partner. Shawn has built scalable capabilities and delivered significant growth impact for some of the world's leading brands. With his experience in finance & strategy leadership roles in public companies, private equity portfolio companies, and serving clients at McKinsey & Company, he is the right person for the job. He was a key contributor to significant growth in enterprise value of Snyder’s-Lance snack company - including strategic growth support for brands such as Snyder’s of Hanover® pretzels, Lance® sandwich crackers, and Cape Cod® kettle chips. He has grown numerous privately-held brands from entrepreneur-level to mass market and is excited to support the next phase of growth of Diamond Creek Water.
“Partnering with Diamond Creek Water marks a significant milestone for Apokar Investment Group. We are excited to align our resources and expertise with such an innovative brand in the alkaline water market. This collaboration highlights our commitment to fostering growth and driving impactful outcomes as a search fund. Together, we are poised to unlock new opportunities and redefine standards in marketing, distribution, and strategic sales for the brand. Our shared vision and synergies position us for success, and we look forward to a prosperous journey ahead,” said John Wiesehan III, Managing Partner at Apokar Investment Group, LLC.
About Apokar Investment Group:
Apokar Investment Group is a dynamic and forward-thinking investment firm with a unique focus on fostering entrepreneurial talent and driving innovation. Comprising a diversified portfolio spanning various industries, Apokar specializes in identifying promising ventures and providing them with the necessary resources and support to thrive.
At the heart of Apokar's strategy is its commitment to two key pillars: the search fund model and startup incubation. Through its search fund, Apokar actively seeks out and invests in talented entrepreneurs and promising business opportunities. Meanwhile, Apokar's startup incubator provides early-stage companies with the guidance, mentorship, and operating resources needed to navigate the complexities of the market and accelerate their growth trajectory.
With a hands-on approach and a collaborative ethos, Apokar works closely with its portfolio companies to drive value creation and strategic growth initiatives. By leveraging its extensive network, industry expertise, and access to capital, Apokar is dedicated to cultivating a culture of innovation, resilience, and success.
Sincerely,
Eduardo Brito
CEO
Relevant Links:
https://www.diamondcreekwater.com
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Accredited Solutions Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
Accredited Solutions, Inc Contact:
contact information:
info@diamondcreekwater.com
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Source:
Accredited Solutions, Inc.
