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Adam Nebesar
Partner at Bain Capital
Adam Nebesar is a seasoned consumer investor with a diverse educational background and extensive experience working with various organizations.
He holds an MBA from Harvard Business School, an MPhil in Economics from the University of Cambridge, and an AB in Economics from Princeton University, complemented by studies at Phillips Exeter.
Throughout his career, Adam Nebesar has held key roles at renowned companies such as Fogo de Chão, Advantage Solutions, Dessert Holdings, Virgin Voyages, Bain Capital, Innocor Inc., Sundial Brands, TOMS, and the Boston Consulting Group (BCG).
His expertise spans sales, marketing, technology, and strategic management, making him a valuable asset in the consumer investment sector.
Highlights
I am thrilled to share the news of Bain Capital’s investment in 1440 Foods, an innovative portfolio of leading active nutrition brands: Pure Protein, MET-Rx, and Body Fortress. These brands have long histories of market leadership and growth, with exciting opportunities ahead in a high growth category that supported by multiple consumer megatrends, including consumers’ focus on protein as part of a healthy lifestyle as well as the long-term tailwind behind on-the-go-snacking. We look forward to partnering with Azania Andrews and the strong 1440 Foods management team, alongside Alexandre Medicis and 4x4 Capital, to support the growth of the company and its brands in an exciting category.
We are thrilled by the response to the news of our investment in Fogo de Chão. We could not be more excited to partner with Barry and this incredible brand for the next chapter. Fogo defines what we are looking for in a restaurant investment:
- An authentic and differentiated brand that delivers unique and exceptional food, service and experiences to its guests. Underline authenticity, which is so important to today’s consumer. Fogo’s success is rooted in the company’s heritage in Southern Brazil and its leadership in the culinary art of Churrasco.
- Significant growth potential. Fogo has only 76 units globally and 60 in the U.S. Fogo’s brand awareness in the U.S. is only 35% - but people who have tried Fogo love it. There is a huge opportunity to expand Fogo’s passionate fan base by building more restaurants and getting the word out. Fogo has great momentum from opening new restaurants and attracting new consumers to the brand, resulting in a younger and more diverse customer base than most other restaurant brands we have looked at. We look forward to partnering with management to accelerate that momentum.
- A great team. Restaurants are execution businesses and success comes down to people and culture. We have been blown away by the talent and passion of everyone we have met at Fogo from corporate to the restaurants. This is a culture that is passionate about service, passionate about the gaucho tradition, and passionate about delivering exceptional results. We are so excited to partner with this great team and an exceptional leader in Barry McGowan. We have evaluated dozens of restaurant businesses in recent years and are so excited to have this opportunity to back Barry and an exceptional team to realize the full potential of Fogo de Chão.
