Dallas, January 11, 2016 – Kainos Capital, a firm specializing in acquiring and managing food and consumer businesses, today announced that Jay Desai has joined the firm as a Managing Director and Head of Business Development. Mr. Desai brings 13 years of principal investing, investment banking and strategy experience in the consumer goods sector. He most recently was Senior Vice President of Strategy at CROSSMARK, a leading sales and marketing services company focused on the consumer industry with over 30,000 employees worldwide. Mr. Desai will report directly to Managing Partner Andrew Rosen.

Mr. Rosen said: “I had the privilege to first work with Jay ten years ago when he joined our investment team. In the interim years prior to Jay rejoining us, he has built a global network of relationships throughout the consumer industry. He will bolster our business development capabilities for new investment opportunities, and be a valuable partner to our portfolio companies in shaping their business strategies.”

While at CROSSMARK, Mr. Desai identified and led the acquisition of several complementary businesses and was also responsible for managing its business insights team. Prior to joining CROSSMARK, Mr. Desai was a Director in the Mergers & Acquisitions department at Deutsche Bank Securities where he concentrated on consumer opportunities. He also managed the acquisition function for Global Brands Acquisition Corporation, a consumer/retail-focused SPAC. Mr. Desai began his career at Merrill Lynch before joining Mr. Rosen and other members of the Kainos team as an Investment Associate. Mr. Desai received his B.S. in Management Science & Engineering from Stanford University.