Generous Brands Acquires Health-Ade Kombucha from First Bev and Manna Tree

August 5, 2025

Generous Brands, a premium refrigerated beverage platform backed by Butterfly, signed a definitive agreement to acquire Health-Ade, a fast-growing kombucha brand. The deal was completed in 2024 by acquiring the business from private equity firms First Bev and Manna Tree Partners, which continue as minority shareholders in Generous Brands.

Buyers
Generous Brands, Butterfly
Targets
Health-Ade
Sellers
First Bev, Manna Tree Partners
Platforms
Generous Brands
Industry
Food & Beverage
Location
California, United States
Transaction Type
Addon

Explore More

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.