MadeGood founders buy back minority stake, reclaim full ownership

What's the deal? Nima Fotovat is buying out Prelude Growth PartnersDealroom has a profile for this one. Try Dealroom →, a minority stakeholder in Riverside Natural FoodsDealroom has a profile for this one. Try Dealroom →, the parent company of granola brand MadeGoodDealroom has a profile for this one. Try Dealroom →. The move returns full ownership to the original founders — siblings Nima, Sahba, and Salma Fotovat. Financial terms were not disclosed.

What's the endgame? The buyout consolidates control of Riverside Natural Foods back with the family that founded it, ending Prelude's minority involvement. The deal, announced in October 2026, follows MadeGood reaching what Nosh described as "unicorn" status.

The signal: Founder buybacks remain a quieter path in food and beverage M&A, where exits usually mean selling up rather than buying back in. For MadeGood, the return to family ownership signals the founders' intent to steer the brand independently — a notable counterpoint to the sector's consolidation trend.

Read more: nosh.com

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