goPuff Acquires BevMo! for $350 Million

Gopuff Acquires Liquor Barn from Blue Equity

June 21, 2021

Retail

Gopuff has acquired Liquor Barn, a Kentucky-based chain of 23 beer, wine and liquor stores, from private equity firm Blue Equity. The deal gives Gopuff physical retail footprint and inventory infrastructure across Kentucky to accelerate its instant-delivery expansion and deepen its presence in Louisville, Lexington and other markets in the state.

E. & J. Gallo Winery Acquires Bev

June 1, 2023

Food & Beverage

E. & J. Gallo Winery has acquired Bev, the woman-founded canned-wine and spritzer brand founded by Alix Peabody in Venice, California. The deal expands Gallo's portfolio into Bev's premium zero-sugar canned wines and aims to broaden the brand's consumer reach and distribution; terms were not disclosed and Peabody will remain involved with the brand.

Aurora Cannabis Acquires Controlling Interest in Bevo Farms

August 25, 2022

Agriculture

Aurora Cannabis acquired a 50.1% controlling stake in Bevo Agtech Inc., the parent of Bevo Farms Ltd., and will consolidate Bevo's operations. The deal (approx. $45M cash on closing plus contingent payments) gives Aurora access to Bevo's plant propagation expertise, while Bevo will acquire Aurora's Aurora Sky facility in Edmonton to expand production and geographic reach.

B2B Industrial Packaging (GenNx360 Portfolio) Acquires Miller-Bevco

February 28, 2022

Packaging

GenNx360 Capital Partners’ portfolio company, B2B Industrial Packaging, acquired Miller-Bevco, a Shawnee, Kansas-based packaging solutions provider, effective February 1, 2022. The deal is B2B’s ninth add-on since GenNx360’s October 2020 investment and is intended to expand B2B’s product, service and geographic reach for packaging customers across the U.S.

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.

Keurig Dr Pepper Acquires Majority Stake in GHOST for $1.65B

October 24, 2024

Food & Beverage

Keurig Dr Pepper (KDP) agreed to acquire a 60% stake in GHOST (GHOST Lifestyle LLC and GHOST Beverages LLC) for roughly $990 million, with plans to purchase the remaining 40% by 2028 for a total transaction value of $1.65 billion. The founders will remain in leadership, and KDP expects to integrate GHOST into its U.S. refreshment beverages segment and leverage its distribution network to scale the energy drink and sports nutrition brand.