Willkie represented Bold Rock Partners LP in the transaction.
Craft Revolution, LLC d/b/a Artisanal Brewing Ventures LLC, executed the acquisition of Bold Rock Partners LP.
Financial terms were not disclosed, and the deal is expected to close before the end of the year.
Bold Rock was founded in 2012 and has since become the largest independently owned craft cidery and the #2 cider brand in the United States. It offers a diverse, award-winning selection of beverages ranging from hard cider to craft hard seltzer and canned cocktails, with products available throughout the mid-Atlantic and Southeast.
Artisanal Brewing Ventures LLC is a Charlotte, NC-based umbrella company of breweries, including Southern Tier Brewing Company, Victory Brewing Company and Sixpoint Brewing Company. It currently ranks as a top ten regional craft brewer in the U.S., and is associated with New York-based hedge fund Ulysses Management LLC.
The Willkie team was led by partners Russell Leaf (Picture) and Jared Fertman.
Law Firms: Willkie Farr & Gallagher;
Clients: Bold Rock Partners;