Slate Fuels Growth and Expansion with Strategic Finance Facility from LAGO

CHICAGO, IL, UNITED STATES, August 19, 2026 /EINPresswire.com/ — LAGO, a premier alternative investment platform focused on the lower middle market, announces it has completed a strategic financing facility for Slate, the innovative beverage company with one of the fastest growing brands in the protein drink category with its high-protein, lactose-free, ultra-filtered milkshakes and coffees. Launched in 2019, the company started with three chocolate milk drinks, and since then has expanded into new flavors and additional product lines, such as nutrition shakes and gluten-free cookies, all of which are packed with protein, contain no added sugar, are lactose free, and 100% plastic neutral.

“As Slate enters its next phase of expansion, it was important for us to find a financing partner that understood the opportunities and challenges that come with building a high-growth consumer brand, and LAGO’s flexible capital structure and entrepreneurial approach allowed us to create a financing solution that supported our interests and vision,” said Manny Lubin, Co-Founder of Slate. “Beyond the capital itself, the LAGO team has been fantastic to work with and they have an extremely collaborative mindset and a true understanding of what it takes to build a leading brand. We’re excited to have them as a long-term partner as we continue to scale our business.”

With testimonials from many professional athletes and fitness experts, Slate is building an incredible following for its products, which are formulated with essential vitamins and electrolytes and designed to aid in muscle recovery, strength-building and to maintain energy. The milk is ultra-filtered to remove lactose sugars, along with some water, to slightly concentrate the milk proteins, and then blended with natural ingredients including allulose and stevia for an array of delicious flavors including classic chocolate, dark chocolate, french vanilla, caramel latte, vanilla latte and mocha latte. Slate is also a Certified Plastic Neutral company, as all drinks are packaged in 100% recyclable aluminum cans.

“The fitness and functional beverage sector continues to benefit from durable, secular shifts in consumer behavior, with demand for convenient, high-quality protein products accelerating alongside the growing adoption of GLP-1 therapies,” said Heather La Freniere, Managing Partner and COO of LAGO. “We’re excited to support Slate through this next phase of growth, as the company is well positioned to capitalize on these evolving consumption patterns, and particularly impressed by their strong product portfolio and ability to innovate within a rapidly expanding category.”

About LAGO
LAGO, through its affiliated entities, is a premier lower middle market focused alternative investment platform based in Chicago. The firm’s core strategy focuses on lending to companies in markets where the demand for institutional credit solutions exceeds supply and the deployment of capital is not commoditized. Since its founding, the firm has successfully served as a financing partner to over 130 companies across sectors. With the ability to address a variety of needs, including working capital, strategic growth initiatives, liquidity solutions, recaps and refinancings, LAGO serves as a valuable financial resource for underserved companies in the lower middle market. For more information and important disclaimers, please visit our website at www.lagogcm.com and follow on LinkedIn: https://www.linkedin.com/company/lago-global-capital-management/?viewAsMember=true.

About Slate
Slate is a rapidly growing better-for-you (BFY) protein drink company on a mission to make high-protein nutrition more delicious, convenient, and accessible for everyday life, along with a commitment to sustainability. Founded in 2019, the company has built one of the fastest-growing brands in the protein drink category through its portfolio of lactose-free, ultra-filtered milk shakes and coffees. Since launch, Slate has delivered triple-digit average annual growth while expanding distribution across both retail and e-commerce channels. All products are available for purchase directly on the company’s website and through select retailers including Target, Whole Foods and Walmart. To learn more go to the website at https://slatemilk.com/ and visit https://www.facebook.com/slatemilk/, https://instagram.com/slatemilk, and https://www.tiktok.com/@slatemilk.

Roberta Tsang
RTPR
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