M&A Deal Summary

Bevolution Group Acquires Tropics Mixology

On November 2, 2015, Bevolution Group acquired beverage company Tropics Mixology from Beverage Innovations

Acquisition Highlights
  • This is Bevolution Group’s 2nd transaction in the Beverages sector.
  • This is Bevolution Group’s 2nd transaction in the United States.
  • This is Bevolution Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2015-11-02
Target Tropics Mixology
Sector Beverages
Buyer(s) Bevolution Group
Sellers(s) Beverage Innovations
Deal Type Divestiture

Target

Tropics Mixology

Delray Beach, Florida, United States
Tropics Mixology is a provider of all-natural frozen fruit purees and shelf stable drink mixes,

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Buyer(S) 1

Buyer

Bevolution Group

Chicago, Illinois, United States

Category Company
Founded 2015
Sector Beverages
DESCRIPTION

Bevolution Group is a manufacturer and supplier of innovative beverage solutions, primarily selling clean label and preservative free smoothie bases, bar and cocktail mixes, juices, concentrates and other related beverage products into the foodservice channel. Bevolution Group was founded in 2015 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 3
Sector (Beverages) 2 of 3
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 2 of 3
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-23 Juice Tyme

Chicago, Illinois, United States

Juice Tyme is a manufacturer and seller of juice and beverage concentrates for the foodservice industry in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-29 Dr. Smoothie Brands

Fullerton, California, United States

Dr. Smoothie Brands is a provider of healthy smoothie concentrates and powder mixes specialty beverages with no artificial ingredients or preservatives.

Buy -

Seller(S) 1

SELLER

Beverage Innovations

Delray Beach, Florida, United States

Category Company
Sector Beverages
DESCRIPTION

Beverage Innovations, Inc. is a provider of beverage products.


DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1