L2 Capital, a boutique lower middle-market private equity firm, has bought Kosmos Q LLC and appointed Scott Jensen as CEO.
Kosmos Q is a brand for barbecue rubs, sauces, brines, injections, glazes and accessories currently selling multi-channel through direct-to-consumer (D2C) and through retail and grocery chains. Jensen joins Kosmos Q as CEO as the co-founder and former leader of the premium barbeque sauce company Stubb’s BBQ. His experience as a founder of multiple food companies and directly navigating growth in the barbecue space will translate perfectly to the Kosmos Q growth plan.
Oxer Capital Partners and Salem Investment Partners provided the debt financing and co-invested in this transaction. Kosmos Q was advised by Generational Equity.