United States Beverage Forms Joint Venture to Acquire Uinta Brewing

Montage Partners Acquires Moab Brewery

January 8, 2020

Food & Beverage

Montage Partners, a private equity firm based in Scottsdale, Arizona, has acquired Moab Brewery, the city of Moab’s only microbrewery and distillery founded in 1996. The founders, including John Borkoski and Dave Sabey, sold the business with The Forbes M+A Group advising on the transaction; Montage plans to continue growing the brand and operations.

Norwest Equity Partners Acquires United Sports Brands

November 27, 2023

Consumer Products

Norwest Equity Partners (NEP) has acquired United Sports Brands (USB), a portfolio of sporting goods and active lifestyle brands including Shock Doctor, McDavid, Cutters, Nathan, PEARL iZUMi, and Glukos. The transaction closed on November 20, 2023; financial terms were not disclosed. NEP said it will invest capital and resources to strengthen USB’s core business and expand its international presence; USB was previously owned by Bregal Partners.

Sapporo U.S.A. Acquires Stone Brewing

June 24, 2022

Food & Beverage

Sapporo U.S.A. has agreed to acquire Stone Brewing, combining Sapporo's U.S. business with one of America's largest craft brewers. The deal (expected to close in August 2022) gives Sapporo bi-coastal brewing capacity at Stone's Escondido, California and Richmond, Virginia breweries and lets Stone continue operating its taprooms and breweries under existing branding and management.

Tilray Brands Acquires Eight Beer and Beverage Brands from Anheuser‑Busch

August 7, 2023

Food & Beverage

Tilray Brands, Inc. has entered into a definitive agreement to acquire eight beer and beverage brands (including associated employees, breweries and brewpubs) from Anheuser‑Busch. The deal covers Shock Top, Breckenridge Brewery, Blue Point, 10 Barrel, Redhook, Widmer Brothers, Square Mile Cider Company and HiBall Energy and is expected to close in 2023, significantly expanding Tilray’s U.S. beverage footprint and production capacity.

Berlin Packaging Acquires United Bottles & Packaging

March 7, 2022

Manufacturing

Berlin Packaging has acquired United Bottles & Packaging, a Quebec-based distributor of glass bottles and closures serving alcoholic and non-alcoholic food & beverage markets. The deal strengthens Berlin Packaging's presence in Canada and expands its glass offerings across North America; all employees and locations will be retained.

Charger Investment Partners Makes Growth Investment in Beans & Brews Coffeehouse

January 20, 2021

Restaurants & Hospitality

Charger Investment Partners completed a growth investment in B&B Coffeehouse (dba Beans & Brews) on December 31, 2020, partnering with founders Jeff and Kevin Laramie. The capital will support the Salt Lake City–founded coffeehouse and franchisor, which operates company-owned and franchise locations and wholesales roasted coffee across the Western United States.