Stride Consumer Partners has acquired Clio Snacks, a refrigerated Greek yogurt bar brand, for an undisclosed sum.
Clio Snacks began in 2015 when founder Sergey Konchakovskiy started shaping over-strained yogurt into bars. Under CEO John McGuckin, who joined the company in 2021, Clio has quadrupled revenue and expanded its manufacturing capabilities. The company is on track to produce more than 150 million bars this year at its Piscataway, New Jersey facility.
For Stride Consumer Partners, the acquisition adds another high-growth food brand to a portfolio that includes Chomps, Crown Affair, Serenity Kids, and Odele. The source noted that Clio’s trajectory demonstrates how a distinctive format can turn yogurt into a scalable snacking occasion, creating room for growth in refrigerated consumer packaged goods.