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New Deal


Announced

Encore Consumer Capital acquired Kyla.

Financials

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United States

Private

Brewers

Acquisition

alcoholic beverages

Private Equity

kombucha

Pending

Single Bidder

Synopsis

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Encore Consumer Capital, a private equity firm that invests exclusively in leading consumer products companies, has completed an investment in KYLA. Financial terms were not disclosed. KYLA Hard Kombucha, based in Hood River, OR, is a leading brand of alcoholic kombucha. KYLA was developed as a low calorie, low sugar, gluten free, shelf stable, and craft alcoholic beverage with a refreshing taste profile. “They have been integral in the development of KYLA to date and their investment will help us grow the KYLA brand by providing capital to support both our innovation pipeline and our sales and marketing efforts. KYLA has had early traction with key retailers, selling through at impressive velocities, and continues to resonate with consumers on taste and nutritional attributes, across a variety of usage occasions.” Cory Comstock, KYLA CEO.

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