Apax Partners, a British private equity firm, agreed to acquire a majority stake in Ole Smoky Distillery, one of the fastest growing spirits companies in the US, from Centerview Capital, a private investment firm. Financial terms were not disclosed. "Having analyzed the beverage alcohol space closely over the last several years, we have long been impressed by Ole Smoky’s brand reputation, authentic product offering and loyal customer base. The brand has enduring momentum and clear potential to become a leading spirits platform. We applaud the management team for driving phenomenal growth alongside a steadfast commitment to responsible consumption and community stewardship. We look forward to working closely with management, Joe and Robert to leverage our experience and operational know-how to continue to delight customers and achieve continued success," Nick Hartman, Apax Partner.