Deals Counterparts

David Protein acquires Epogee to secure EPG alt-fat ingredient supply

Acquisition Agriculture announced United States Apr 17, 2026

David Protein, a high-protein snack brand founded by Peter Rahal, acquired Epogee in May 2025 to secure its patented EPG (esterified propoxylated glycerol) ingredient, which mimics fat with 92% fewer calories. The acquisition followed David Protein's five-fold expansion of EPG manufacturing capacity to meet its own demand, which had reached 120-150% of Epogee's original production capacity. Three former Epogee customers subsequently filed a lawsuit alleging David Protein created an artificial monopoly by cutting off supplies post-acquisition, though David Protein claims no long-term supply agreements existed prior to the deal. The EPG ingredient, approved for use in US food categories including baked goods, ice cream, and snack bars, enables David Protein to reduce fat and carbohydrate calories in its protein bars while maintaining taste and texture. David Protein, which predicts revenues exceeding $300 million in 2026, plans to commercialize its excess EPG capacity by partnering with domestic and international CPG brands.

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Timeline

Announced
Apr 17, 2026
Signed
Closed

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