ROTH Serves as an Advisor to Castanea Partners on their Investment in 4moms

Castanea Partners announced that it has invested in 4moms, a company that develops and markets branded juvenile products that incorporate robotics in their designs.

Founded in 2006 and headquartered in Pittsburgh, Pennsylvania, 4moms designs and develops better-for-baby and easier-for-parents products through the use of advanced robotics. 4moms is seen as an innovation leader in key baby products categories. The company’s products are sold in more than 2,000 retail locations in the United States, with distribution in 52 countries.

In 2012, 4moms received an investment from Bain Capital Ventures. In the current transaction, Castanea and Bain Capital Ventures partnered to capitalize the company with plans to further build the unique 4moms brand by supporting new product innovation, and expanding domestic and international distribution growth. (Source: Press Release | September 10, 2014)

Terms of the transaction were not disclosed.

ROTH Capital Partners served as an advisor to Castanea Partners on the transaction. For more information on ROTH, please visit www.roth.com