MergerLinks Header Logo

Announced

Completed

TJC-backed Sunny Sky Products completed the acquisition of Bevolution Group from Highlander Partners.

Synopsis

TJC-backed Sunny Sky Products, a producer of dispensed beverage solutions offering hot, cold, frozen, and beverage enhancer products for the convenience store and foodservice channels, completed the acquisition of Bevolution Group, a manufacturer of shelf-stable and frozen beverage products, and cocktail mixes, from Highlander Partners, a Dallas-based private investment firm. Financial terms were not disclosed. "We are pleased with the sale of Bevolution, which, under our guidance, has evolved into a very broad and comprehensive beverage provider with marquee foodservice brands, robust manufacturing capabilities, and a broad spectrum of beverage solutions. Sunny Sky is a perfect partner to propel the business forward, and we are glad to see the Bevolution team partner with them for future growth. This platform was built through an active M&A strategy and having closed more than thirty transactions in the food and beverage category in recent years, Highlander continues to actively pursue high-quality businesses in this sector as new platforms and add-ons for its current portfolio companies," Jeff L. Hull, Highlander Partners President and CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US