M&A Deal Summary

Artisanal Brewing Ventures Acquires Bold Rock Hard Cider

On November 21, 2019, Artisanal Brewing Ventures acquired beverage company Bold Rock Hard Cider

Acquisition Highlights
  • This is Artisanal Brewing Ventures’ 1st transaction in the Beverages sector.
  • This is Artisanal Brewing Ventures’ 1st transaction in the United States.
  • This is Artisanal Brewing Ventures’ 1st transaction in Virginia.

M&A Deal Summary

Date 2019-11-21
Target Bold Rock Hard Cider
Sector Beverages
Buyer(s) Artisanal Brewing Ventures
Deal Type Add-on Acquisition

Target

Bold Rock Hard Cider

Nellysford, Virginia, United States
Bold Rock makes a variety of hard cider styles from apples picked in the Blue Ridge Mountains of Virginia and North Carolina. The award-winning craft cider company operates two cideries: the Bold Rock Cider Barn in Nellysford, VA, featuring an innovative cidery and tasting room overlooking the Rockfish River Valley, and a second, larger production facility and industrial styled taproom, overlooking the Blue Ridge Mountains, in Mills River, NC. Bold Rock produces 12 styles of hard cider, including the popular originals Apple and Draft, a rotating mix of seasonal ciders, and IPA (India Pressed Apple), the best-selling hopped cider in the country. In 2019, Bold Rock launched a ‘better-for-you’ apple-based hard seltzer line and a line of premium ready-to-drink canned cocktails.

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Buyer(S) 1

Buyer

Artisanal Brewing Ventures

Charlotte, North Carolina, United States

Category Company
Founded 2014
Sector Beverages
DESCRIPTION

Artisanal Brewing Ventures is an umbrella company of like-minded, best-in-class breweries including Southern Tier Brewing, Victory Brewing, & Sixpoint Brewing. Breweries under the ABV umbrella maintain independence with actively involved founders and a brewery focused Executive Management Team. Artisanal Brewing Ventures was founded in 2014 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1