LEGACY · SOLD 2023

WE DIDN'T JOIN THE ENERGY DRINK MARKET.

WE CREATED ONE.

The Energy Brand That Built a Category

2012Founded
$200M+Peak Annual Revenue
7xInc. 5000 Placements
2023Private Equity Exit

Overview

G FUEL

G FUEL began in 2012 as a powdered pre-training formula under Gamma Labs. Within two years it had national distribution through GNC and The Vitamin Shoppe. By 2018 it launched a ready-to-drink can line and became the defining energy brand of the esports and gaming generation.

Cliff Morgan founded G FUEL out of a conviction that the gaming community deserved a cleaner, more effective energy product than what the mainstream market offered. He built the brand from a single SKU to a multi-format national business, raised approximately $20 million in growth capital, and engaged Piper Sandler to run a competitive sale process. The transaction closed in November 2023.

During its run, G FUEL earned a place on the Inc. 5000 list of fastest-growing private companies for seven consecutive years. Cliff was nominated three times for EY Entrepreneur of the Year, finishing as runner-up twice.

Successfully Exited
The Thirsty Octopus

Built Empires. Building More.

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A portfolio of ventures by a serial founder.