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Announced

goPuff to acquire BevMo! from TowerBrook Capital Partners for $350m.

Synopsis

goPuff, a digital delivery service operator, agreed to acquire BevMo!, a distributor of alcoholic beverages, from TowerBrook Capital Partners, an investment management firm, for $350m. "We’re proud to bring goPuff’s operations to California and look forward to investing in talent and real estate across the state. Partnering with BevMo! quickly advances our strategic objectives of providing more customers in new geographies with a seamless solution for their instant needs. Through this acquisition, goPuff will operate coast-to-coast, solidifying our presence as a leading, national consumer business," Rafael Ilishayev, goPuff Co-Founder and Co-CEO.

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