Food and consumer-focused Kainos Capital has added two executives to strengthen the firm’s operations management and oversight capabilities.
Kainos has hired Robin Olson as managing director and Kim Homa as director. Olson’s role will focus on improving manufacturing processes while Homa will build upon experience in supply chains and procurement, according to the statement.
“Many of our portfolio company management teams have had the privilege to work with Robin and Kim over the past decade, and they have been a great resource in our due diligence and oversight activities,” Kainos managing partner Andrew Rosen said in the statement. “As our firm and the number of investments we oversee continue to grow, we made the decision to bring their capabilities in-house.”
Olson joins Kainos after serving as principal at Operations Strategy Partners, a management consulting firm, where his role focused on operational improvement and consulting services. Previously, Olson served as a senior consultant and senior project manager at USC Consulting Group.
Homa spent seven years as a director of USC, where she led the firm’s supply chain and spend management practice. Prior to joining USC, Homa served as a senior manager at PepsiCo, where she led supply chain integration activities between the company and its largest retail customers, according to the statement.
Organic packaged salad provider Earthbound Farm, which Kainos sold to The WhiteWave Foods Company for approximately $600 million in late 2013, is among a list of client companies on USC’s website.
Kainos representatives did not return messages seeking further detail by press time.
Kainos is a mid-market private equity firm headquartered in Dallas that spun out from HM Capital Partners in 2013. Its first fund closed on $475 million in 2013 and counted the Canada Pension Plan Investment Board among its investors.
In November, the firm closed its second fund, Kainos Capital Partners II, on its $895 million hard-cap after drawing investments from the Texas Municipal Retirement System, the Massachusetts Pension Reserves Investment Management Board and others.