NexPhase Capital Acquires Oliver Winery

Tenex Capital Management Acquires Oliver Inc. from Pfingsten

July 8, 2022

Packaging

Tenex Capital Management has acquired Oliver Inc., a Hauppauge, New York-based provider of specialty paper-based packaging solutions, from Pfingsten. The transaction closed on July 6, 2022; Oliver operates five locations with over 500 employees and serves pharmaceutical, medical, food & beverage, and health & beauty end markets.

Next Glass Acquires Ollie Order

July 13, 2021

Cloud & SaaS

Next Glass acquired Vancouver-based Ollie Order, a Canadian omnichannel multi-tenant alcohol marketplace platform that powers ordering, inventory, payments, invoicing, CRM and government reporting for producers, wholesalers and retailers. Ollie’s founders (Ryan Wilson, Jesse Bannister and Mike Macquisten) will remain in leadership with Ryan Wilson continuing as Ollie CEO and becoming President of Next Glass’s newly formed Next Glass Commerce division. The deal expands Next Glass’s commerce capabilities and accelerates geographic expansion beyond British Columbia into additional Canadian provinces and the U.S.

NexPhase Capital Invests in DealerOn

January 7, 2020

Marketing & Advertising

DealerOn, a Rockville, Maryland-based website and digital marketing platform for automotive dealerships, announced a strategic investment and partnership with NexPhase Capital. DealerOn will remain led by founders Ali and Amir Amirrezvani and will use the partnership to scale its technology, expand its development team, and accelerate growth across its 3,500 dealership customers; terms were not disclosed.

O'Neill Vintners & Distillers Acquires FitVine Wines

November 10, 2022

Food & Beverage

O'Neill Vintners & Distillers has acquired FitVine Wines from its majority owners at BERKS Group to expand its portfolio into the growing wellness-focused, super-premium wine segment. The deal brings the FitVine brand — known for low-sugar, low-sulfite varietals and strong DTC and retail presence — into O'Neill's vertically integrated wine platform to accelerate national expansion.

NexPhase Capital Invests in Popcornopolis

November 13, 2019

Food & Beverage

NexPhase Capital has announced an investment in Popcornopolis, a Vernon, California-based manufacturer of premium ready-to-eat popcorn. Terms were not disclosed; NexPhase partners with the founders and will place Jamie Kaufman on the board while Doug Corbett will serve as Executive Chairman to help scale the CPG brand and expand distribution.

Oliver Inc. (Pfingsten portfolio) Acquires Boutwell, Owens & Co.

April 6, 2021

Packaging

Oliver Inc., a portfolio company of Pfingsten, acquired Boutwell, Owens & Co., a manufacturer of folding carton and blister card packaging, in a transaction that closed March 31, 2021. The add-on expands Oliver’s manufacturing capacity and reach into personal care, healthcare, food & beverage and consumer product end markets while Boutwell will continue operating from its Fitchburg, Massachusetts facility.