DEVON, PA. — L2 Capital Partners has acquired Kosmos Q LLC. Financial terms were not disclosed. With the acquisition, Scott Jensen has been named chief executive officer.
Kosmos, founded in 2009 by world champion pitmaster Darian “Kosmo” Khosravi, makes barbecue rubs, sauces, brines, injections, glazes and accessories.
“L2 Capital is a terrific partner for Kosmos Q due to their in-house operational and e-commerce expertise, and I am thrilled to welcome Scott to the team,” Khosravi said. “I am confident that I have found the right partners who reflect our company’s values and commitment to providing the highest quality products and services to our customers.”
Jensen joins Kosmos Q from Rhythm Superfoods LLC where he most recently was president and CEO. He also co-founded and led barbecue sauce company Stubb’s Bar-B-Q.
“I am thrilled to take the reins of such an authentic and premium brand in a space that I am passionate about,” Jensen said. “Having already demonstrated an ability to grow in this space, I am confident that we can bring Kosmos Q products to enthusiasts everywhere.”
Terry Meyer also joins Kosmos as vice president of sales. He will drive retail penetration strategy for the company. Earlier, Meyer was vice president of sales at Rhythm Superfoods LLC and previously vice president of sales and operations at PodPonics.
“We are excited to partner with a highly regarded and respected founder like Darian Khosravi,” said Connor McMahan, partner at L2 Capital. “His company enhances the barbecue experience for his customers through a highly differentiated approach towards product innovation and customer engagement. With the addition of Scott in the lead role, we look forward to helping extend Kosmos Q’s reach and scope going forward.”