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New Deal


Announced

Charlesbank Capital Partners, Oaktree Capital Management and Blue Ribbon Partners to invest in City Brewing Company.

Financials

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Transaction Value£454m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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brewery

Friendly

Majority

Acquisition

Pending

Private

United States

Domestic

Single Bidder

Brewers

Private Equity

Synopsis

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Investment firms Charlesbank Capital Partners, Oaktree Capital Management and Blue Ribbon Partners agreed to invest in City Brewing Company, a co-manufacturer of high-growth beverages in the US. Financial terms were not disclosed. "Over our history, we have significant experience investing in contract manufacturing and food & beverage businesses. We are excited to leverage that experience to help Ross and the entire City team continue to build on City’s track record of success. We fully support the team’s growth program, which represents a strong long-term commitment to City’s customers and the markets they serve," Josh Beer, Charlesbank Managing Director.

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