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New Deal


Announced

Completed

Ronnoco Beverage completed the acquisition of Trident Beverage.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Single Bidder

beverage

Majority

Friendly

Soft Drinks

Private

Private Equity

Completed

Synopsis

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Huron Capital-backed Ronnoco Beverage Solutions, a manufacturer and distributor of premium quality coffee, tea and related products, completed the acquisition of Trident Beverage, a beverage provider for a variety of food service establishments. Financial terms were not disclosed. "We view the addition of Trident Beverage as a combination of strengths, as we continue to strategically increase market share to better provide our partners with a one-stop, full line of beverage solutions. We are incredibly enthused to add John, Patrick and their dedicated team to advance our mission for continued growth and innovative expansion through our combined portfolio of high-quality products, brands and equipment focused on customer service and experience," Terry McDaniel, Ronnoco Beverage Solutions CEO.

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