Ronin Equity Partners Creates Lotus Beverage Alliance by Merging Six Craft Beverage Equipment Suppliers

Ronin Equity Partners Creates DK2 Platform with Acquisitions of DK2, SnowBear and Currahee Trailers

June 14, 2022

Manufacturing

Ronin Equity Partners acquired and merged three manufacturers — DK2, SnowBear and Currahee Trailers — to create a North American platform operating under the DK2 name focused on outdoor power equipment and utility trailers. The combined group, backed by co-investors and LPs (including Harvey & Company, Stephens Capital Partners, Northwood Ventures and Knott Partners), will pursue a buy-and-build strategy to scale manufacturing, expand distribution (including major home-improvement channels) and fund further add-on acquisitions.

Ronnoco Beverage Solutions Acquires Trident Beverage

February 10, 2020

Food & Beverage

Ronnoco Beverage Solutions, the Huron Capital-backed beverage platform, has acquired Houston-based Trident Beverage, a provider of dispensed beverages and dispensing equipment for K-12, convenience and foodservice channels. The deal—Ronnoco's ninth add-on under Huron Capital's ExecFactor strategy—keeps founders John and Patrick Walker with an ownership stake and aims to expand Ronnoco's frozen/cold beverage offerings and geographic/service footprint.

Encore Consumer Capital Acquires Lion Beverages, LLC (The Lion Brewery)

January 7, 2020

Food & Beverage

Encore Consumer Capital, a San Francisco-based private equity firm focused on consumer products, has completed the acquisition of Lion Beverages, LLC (doing business as The Lion Brewery), a contract manufacturer of specialty beverages based in Wilkes-Barre, Pennsylvania. Lion provides brewing, blending, canning, bottling and packaging services to national and regional beverage brands; the transaction follows Blue Point Capital Partners' exit of its U.S. Drinks / Lion Brewery holding.

Pentair Acquires Assets of Ken's Beverage, Inc.

April 20, 2021

Industrial Services

Pentair plc has entered into a definitive agreement to acquire the assets of Ken's Beverage, Inc. for approximately $80 million in cash. The acquisition adds a national direct service network — including 30 branches and over 300 trained technicians — to Pentair's commercial water and beverage equipment capabilities and is expected to close in Q2 2021.

Ronin Equity Partners Acquires Red Apple Cheese, Barron County Cheese and Cheese Brothers to Build Specialty Cheese Platform

June 7, 2021

Food & Beverage

Ronin Equity Partners acquired Red Apple Cheese, Barron County Cheese and Cheese Brothers and combined them into a newly created, vertically integrated platform to consolidate the U.S. specialty cheese and charcuterie market. The group will operate as an omni-channel platform—combining manufacturing, co-packing and e-commerce—while existing management and founders retain significant stakes and Ronin provides operational and roll‑up expertise.

Ronnoco Coffee (Huron Capital) Acquires Beverage Solutions Group

March 11, 2019

Food & Beverage

Huron Capital-backed platform Ronnoco Coffee has acquired Beverage Solutions Group, a Tennessee-based provider of beverages and foodservice/convenience-store equipment. The add-on expands Ronnoco’s national footprint and distributor relationships, deepening its presence in convenience stores, foodservice locations and offices across the U.S.