Black Rifle Coffee went public via a SPAC merger with SilverBox Engaged Merger I in a $1.7bn deal.

Black Rifle Coffee, a veteran-owned company serving premium coffee, went public via a SPAC merger with SilverBox Engaged Merger I, a special purpose acquisition company, in a $1.7bn deal. “From the time I was a one-man operation in my garage with nothing more than a 1-pound roaster, I wanted to use coffee as a means of bringing people together around the common idea of honoring those who serve this great nation. We founded Black Rifle Coffee to serve the highest quality coffee while supporting Veterans and their families. As a company founded and led by Veterans, serving these communities drives everything we do. I’m so proud to join with the SBEA team and have the confidence of investors such as Engaged Capital. They’re completely in support of our mission and they’ve aligned their financial interests with our Company’s performance. This combination will provide the capital BRCC needs to grow, serve great coffee, and move us closer to our goal of hiring 10k Veterans as we open more stores nationwide,” Evan Hafer, Black Rifle Coffee CEO and Founder.