Consortium Including Charlesbank, Oaktree and Blue Ribbon Partners Recapitalizes City Brewing Company

Castanea Partners Recapitalizes The Bruery

June 1, 2017

Food & Beverage

Castanea Partners completed a recapitalization of The Bruery LLC, a craft brewery based in Orange County, California, with terms not disclosed. Founder and CEO Patrick Rue will remain in his role and, along with his father Michael Rue, will remain significant shareholders; Farlie Turner Gilbert & Co. served as The Bruery's exclusive financial advisor.

Oak Hill Capital and CPP Investments Recapitalize Berlin Packaging

November 17, 2021

Packaging

Oak Hill Capital and CPP Investments have entered into a definitive recapitalization agreement with Berlin Packaging, with the Berlin Packaging management team (led by CEO Bill Hayes) making a significant co-investment. The recapitalization will support Berlin Packaging’s next growth stage, including expanding digital and e‑commerce capabilities, sustainability initiatives, and continued accretive acquisitions and international expansion.

Mill City Capital Recapitalizes Diversified Packaging with Investment from Barings

July 22, 2024

Packaging

Mill City Capital completed a recapitalization of Diversified Packaging Holdings, LLC, a Blaine, Minnesota-based provider of pre-press products and flexographic plates. Barings provided second-lien debt and an equity co-investment to support the transaction and fund Diversified Packaging's growth initiatives.

Encore Consumer Capital Acquires Lion Beverages, LLC (The Lion Brewery)

January 7, 2020

Food & Beverage

Encore Consumer Capital, a San Francisco-based private equity firm focused on consumer products, has completed the acquisition of Lion Beverages, LLC (doing business as The Lion Brewery), a contract manufacturer of specialty beverages based in Wilkes-Barre, Pennsylvania. Lion provides brewing, blending, canning, bottling and packaging services to national and regional beverage brands; the transaction follows Blue Point Capital Partners' exit of its U.S. Drinks / Lion Brewery holding.

Clearlake, Charlesbank and Fortress Lead Recapitalization of LEARFIELD

September 13, 2023

Media & Entertainment

LEARFIELD closed a comprehensive deleveraging and recapitalization transaction that reduced its outstanding debt by over $600 million and secured $150 million of new equity. The company's majority ownership is now comprised of lead capital providers Clearlake Capital Group, Charlesbank Capital Partners, and funds managed by affiliates of Fortress Investment Group, strengthening LEARFIELD’s balance sheet and funding continued growth across its media and technology businesses serving college athletics.

Concentric Equity Partners Recapitalizes Riverbend Sandler Pools

April 29, 2021

Construction

Concentric Equity Partners (the direct investing arm of Financial Investments Corporation) has completed a recapitalization of Riverbend Sandler Pools, a Plano, Texas-based residential pool construction, service and retail-supplies business. Founder and CEO Charles Barnes will remain an owner and continue to lead the company as Concentric provides capital and strategic support to pursue further growth across the Dallas–Fort Worth market and greater Texas.