Heritage Distilling to go public via merger with Better World Acquisition in a $122m deal.

Heritage Distilling, a craft distiller of innovative premium brands, agreed to go public via merger with Better World Acquisition, an ESG-focused special purpose acquisition company, in a $122m deal. "Better World’s commitment was to invest in a differentiated growth business with strong ESG credentials. Heritage exemplifies our commitment to support remarkable leaders building a profitable company with a strong social and environmental mission. While furthering the economic empowerment of Native American communities, Heritage has developed a unique, capital-light business model with recurring revenue. We are excited to collaborate with Heritage and its Tribal Beverage Network to accelerate its future success," Rosemary Ripley, Better World CEO.