Spirit of Gallo Acquires Fishers Island Lemonade

Sazerac Acquires Dirty Shirley RTD Cocktail Brand

March 19, 2026

Food & Beverage

Sazerac, the global spirits company, announced it has acquired Dirty Shirley, a ready-to-drink (RTD) cocktail brand known for a vodka-spiked take on the classic Shirley Temple. The acquisition is intended to leverage Sazerac’s scale and distribution capabilities to expand Dirty Shirley’s reach and accelerate growth.

Calypso (KJ Holding Corp) Acquires Mela Water

April 2, 2025

Food & Beverage

KJ Holding Corp, owner of Calypso Lemonades, has acquired Mela Water, a premium watermelon water brand. The deal brings Mela onto the Calypso beverage platform to leverage Calypso's national and international distribution, commercial and supply-chain capabilities to accelerate Mela's growth.

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).

Shlok Spirits Corp Acquires International Beverage Center, Inc. dba SPIRITED Wines

August 20, 2024

Retail

Shlok Spirits Corp., led by Vishil Patel, acquired International Beverage Center, Inc. dba SPIRITED Wines, a premium wine and spirits retailer in Lenox, Massachusetts. The transaction closed on August 20, 2024, with Generational Group advising the seller.

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.

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.