Newport Craft Distilling Acquires KEEL Vodka

Loch Lomond Group Acquires The New York Distilling Company

May 22, 2025

Food & Beverage

Loch Lomond Group has acquired The New York Distilling Company (NYDC), a Brooklyn-based producer of Jaywalk Rye and other spirits, to expand its portfolio into American whiskey and invest in NYDC’s production and visitor capabilities. The acquisition will support growth of NYDC brands in the US and internationally via Loch Lomond Group’s distribution network.

Sazerac Company Acquires Western Son Vodka and Distillery

October 1, 2025

Food & Beverage

Sazerac Company has acquired Western Son Vodka and Distillery, a Texas-based small-batch spirits maker. The acquisition adds the Western Son brand and production capacity to Sazerac’s global spirits portfolio, supporting portfolio and capability expansion.

Middle West Spirits Acquires Old Elk Distillery

May 13, 2025

Food & Beverage

Middle West Spirits has acquired Old Elk Distillery, adding the Fort Collins-based whiskey brand and related assets to its Columbus, Ohio grain-to-glass portfolio. The deal expands Middle West's branded footprint and production capabilities to support national distribution and future growth of Old Elk's award-winning whiskey lineup.

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).

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.

Ronin Equity Partners Creates Lotus Beverage Alliance by Merging Six Craft Beverage Equipment Suppliers

April 20, 2023

Manufacturing

Ronin Equity Partners formed Lotus Beverage Alliance through the simultaneous merger of six U.S. craft beverage equipment suppliers — Alpha Brewing Operations, GW Kent, Twin Monkeys, Stout Tanks and Kettles, Brewmation, and Automated Extractions — in a transaction valuing the combined group at about $100 million. Ronin owns the majority of the new platform (Lotus Beverage Alliance), which will operate as an end-to-end supplier for craft beer, wine, RTD, coffee, kombucha and other beverage producers and is positioned for further add-on acquisitions with pre-arranged financing available.