Constellation Brands Acquires Remaining Interest in HOPWTR

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).

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.

The Wine Group Acquires Several Wine Brands and Production Facilities from Constellation Brands

June 2, 2025

Food & Beverage

The Wine Group (TWG) has completed the acquisition of several premium and ultra-premium wine brands and production facilities from Constellation Brands, including Cook's, J. Rogét, Meiomi, Robert Mondavi Private Selection, SIMI, and Woodbridge. The deal adds three production sites (Lodi, Monterey County, and the SIMI winery in Healdsburg), roughly 6,600 vineyard acres across California and approximately 500 employees, expanding TWG's premium portfolio, production capability and on‑premise and retail presence.

Southern Glazer's Wine & Spirits Acquires Horizon Beverage Group

July 25, 2024

Logistics & Distribution

Southern Glazer's Wine & Spirits has agreed to acquire Horizon Beverage Group, Inc., adding Horizon's Massachusetts and Rhode Island operations, portfolio, warehouse capacity and delivery fleet to Southern Glazer's U.S. footprint. The transaction expands Southern Glazer's presence into the two states and will keep Horizon's current leadership and family owners involved through the transition.

Trinity Investors Recapitalizes Waterloo Sparkling Water

April 29, 2023

Food & Beverage

Trinity Investors invested $34.5 million in Waterloo Sparkling Water, an Austin-based flavored sparkling water consumer packaged goods brand, in a recapitalization to fund the company's growth. Waterloo, founded in 2017, has posted strong revenue growth and is noted for its in-house flavor development and category-leading sales velocity.

Bronco Wine Co. Acquires Assets of Wine Hooligans

February 19, 2025

Food & Beverage

Bronco Wine Co. acquired key assets of Wine Hooligans at auction, taking full control of brands including Portlandia, Shortbread, Broadside and alcohol-removed Sea Monster, plus production facilities in Santa Rosa. Bronco, which had been Wine Hooligans' majority shareholder since 2023, will retain most Wine Hooligans employees to support ongoing operations under Bronco ownership.