Sprecher Brewing Company Acquires Juvee from 100 Thieves

True Acquires Majority Stake in Sneak Energy

November 13, 2021

Food & Beverage

True has acquired a majority stake in Manchester-based D2C energy drink brand Sneak to accelerate international expansion, build out retail distribution channels and scale the business. The deal — True's first investment from its Fund III — will support co-founders Will Peirce and Jonny Teeling as the brand expands beyond its digitally-led foundation.

Flaviar Acquires Speakeasy Co.

September 10, 2024

E-Commerce

Flaviar, Inc. has acquired Speakeasy Co. in a cash-and-stock deal to fold Speakeasy's agency, marketing and fulfillment capabilities into Flaviar Checkout and expand Flaviar's B2B/e-commerce enablement for beverage-alcohol brands. The combined business will give brand partners access to warehouse-based fulfillment, performance marketing, and Flaviar's data and ad products while preserving Speakeasy's team and client relationships.

Gryphon Investors Acquires Majority Stake in Spindrift Beverage Co.

January 14, 2025

Food & Beverage

Gryphon Investors will acquire a majority stake in Spindrift Beverage Co., a Newton, Massachusetts-based maker of sparkling water and other fruit-based beverages, with founder Bill Creelman and the management team retaining a significant equity stake. The investment coincides with the appointment of Dave Burwick as CEO and is intended to provide financial and operational resources to accelerate the brand's growth; the deal is expected to close in Q1 2025 (terms not disclosed).

Paine Schwartz Partners Acquires Suja Life

July 13, 2021

Food & Beverage

Paine Schwartz Partners has acquired Suja Life (Suja Juice), the San Diego–based pioneer in organic, cold-pressed beverages, from Goldman Sachs Asset Management and co-investors. The transaction — terms not disclosed — follows a record year for Suja and is intended to support new product investment and expanded distribution.

United States Beverage Forms Joint Venture to Acquire Uinta Brewing

January 10, 2022

Food & Beverage

United States Beverage (USB) has formed a joint venture to acquire Uinta Brewing, Utah’s largest independent craft brewer, while retaining Uinta’s leadership, operations and staff. The deal is intended to expand USB’s craft beverage portfolio and create distribution and operational synergies for Uinta’s national growth.

Suja Life (Paine Schwartz Portfolio) Acquires Vive Organic

October 26, 2022

Food & Beverage

Suja Life, a Paine Schwartz Partners portfolio company, has acquired Vive Organic, a Venice, California-based wellness juice shots brand. The acquisition expands Suja's functional beverage portfolio and aims to accelerate distribution, marketing, and product innovation for both brands; financial terms were not disclosed.