Announced
Financials
Tags
United States
Private
Brewers
Acquisition
alcoholic beverages
Private Equity
kombucha
Pending
Single Bidder
Synopsis
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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