Jack Belsito, managing partner of First Bev, will assume CEO role
Health-Ade, Los Angeles, announced that long-standing partner First Bev has acquired a controlling stake in the company. The deal also is backed by powerhouse investors including Manna Tree, a Vail, Colo.-based investment firm committed to improving human health through nutrition.
Daina Trout, who co-founded Health-Ade in 2012 with Justin Trout and Vanessa Dew, has taken on the new role of chief mission officer and will work in partnership with Jack Belsito, managing partner of First Bev, who will assume the role of CEO. Daina Trout and Belsito will work to cultivate further growth for the fast-growing business, capitalizing on increasing consumer demand for gut-healthy products and expansion opportunities in retail accounts domestically and internationally, the company says.