List of 14 North Carolina-based Beverages Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Artisanal Brewing Ventures PE Backed Cathay Capital Private Equity Arbor Investments Ulysses Management 2016-04-21 Charlotte, North Carolina, United States website	Beverages	-	3	3	-
Primo Water Acquired Primo Water 2020-02-26 Winston-Salem, North Carolina, United States website	Beverages	302	3	3	-
Next Century Spirits Private Raleigh, North Carolina, United States website	Beverages	-	2	2	-
Appalachian Mountain Brewery, Inc. Acquired Craft Brew Alliance 2018-10-10 Boone, North Carolina, United States website	Beverages	-	1	1	-
Carolina Beverage Group PE Backed Brynwood Partners 2017-08-04 Mooresville, North Carolina, United States website	Beverages	-	1	1	-
Carolina Beverage Group LLC (CBG) Acquired Carolina Beverage Group 2018-05-16 Mooresville, North Carolina, United States website	Beverages	-	-	-	-
Sunshine Beverages PE Backed Teall Investments 2017-11-16 Winston-Salem, North Carolina, United States website	Beverages	-	-	-	-
Wicked Weed Brewing Acquired Anheuser-Busch InBev 2017-05-03 Asheville, North Carolina, United States website	Beverages	-	-	-	-
Big Beverages Contract Manufacturing LLC Acquired Celsius 2024-11-01 $75M Huntersville, North Carolina, United States website	Beverages	-	-	-	-
Two Trees Acquired MDWerks 2023-12-12 Fletcher, North Carolina, United States website	Beverages	-	-	-	-
Javesca Coffee Private Charlotte, North Carolina, United States website	Beverages	-	-	-	-
Diamond Creek Group Acquired good hemp 2021-04-13 Charlotte, North Carolina, United States website	Beverages	-	-	-	-
Hannah & Dunn LLC Acquired Southern Wine & Spirits of America, Inc. 2005-06-03 Raleigh, North Carolina, United States website	Beverages	-	-	-	-
Durham Distillery PE Backed Maven Capital Partners 2017-09-18 Durham, North Carolina, United States website	Beverages	-	-	-	-

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