Investment Summary

Flexis Capital, Eurazeo PME, JW Levin Management Partners, BERKS Group and Trinity Investors Invest In Waterloo Sparkling Water

On August 19, 2020, private equity firms Flexis Capital, Eurazeo PME, JW Levin Management Partners, BERKS Group and Trinity Investors invested in beverage company Waterloo Sparkling Water

Investment Highlights
  • This is Flexis Capital’s 1st, Eurazeo PME’s 1st, JW Levin Management Partners’ 1st, BERKS Group’s 1st and Trinity Investors’ 1st transaction in the Beverages sector.
  • This is Flexis Capital’s 3rd, Eurazeo PME’s 7th, JW Levin Management Partners’ 2nd, BERKS Group’s 8th and Trinity Investors’ 11th transaction in the United States.
  • This is Flexis Capital’s 1st, Eurazeo PME’s 1st, JW Levin Management Partners’ 1st, BERKS Group’s 2nd and Trinity Investors’ 9th transaction in Texas.

Investment Summary

Date 2020-08-19
Target Waterloo Sparkling Water
Sector Beverages
Investor(s) Flexis Capital
Eurazeo PME
JW Levin Management Partners
BERKS Group
Trinity Investors
Deal Type Growth Capital
Advisor(s) BraunHagey & Borden (Legal)

Target

Waterloo Sparkling Water

Austin, Texas, United States
Waterloo Sparkling Water is an independent sparkling water brand, focusing on fruit-inspired flavor and aroma and delivering a richer, more authentic taste. Waterloo Sparkling Water was founded in 2017 and is based in Austin, Texas.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 5

Investor

Flexis Capital

Miami, Florida, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Flexis Capital is a private equity firm that invests in middle market private and public companies located in North America and Europe. The Firm looks to invests $50 to $500 million per transaction. It looks to pursue both minorities as well as control investments in portfolio business. The Firm target companies operating in the fields of media, communications, information services, and consumer and general industrial sectors. Flexis Capital was founded in 2009 and is based in New York City.


DEAL STATS #
Overall 3 of 3
Sector: Beverages M&A 1 of 1
Type: Growth Capital M&A Deals 3 of 3
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Hylan

Holmdel, New Jersey, United States

Hylan is a provider of specialized engineering and construction solutions to communications and data infrastructure industries. The company performs complex work, often in dense, underground environments, for market-cap leading communications clients with a focus on attractive telecom markets. Hylan was founded in 1960 and is based in Holmdel, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Total Outdoor

New York, New York, United States

Total Outdoor is an out-of-home advertising company, which operates, develops and acquires digital and static billboards. Total Outdoor was founded in 2011 and is based in New York, New York.

Sell -
Investor
DESCRIPTION

Eurazeo PME, formerly known as OFI Private Equity Capital. Eurazeo PME invests equity and mezzanine capital in secondary buyout transactions of unlisted French companies. The Firm looks for opportunities valued between €50 and €250 million. Areas of interest include chemicals, financial services, consumer services, retail, manufacturing, distribution, and life science. Eurazeo PME was formed in 1997 and is based in Paris.


DEAL STATS #
Overall 59 of 85
Sector: Beverages M&A 1 of 1
Type: Growth Capital M&A Deals 8 of 19
State: Texas M&A 1 of 1
Country: United States M&A 7 of 12
Year: 2020 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-30 UTAC Holding

Montlhery, France

UTAC Holding is an international group in digital & sustainable mobility, customisable testing solutions, customisable testing systems, vehicle engineering, type approval, regulatory expertise, certification, training, corporate events and classic & sportscars festivals. UTAC Holding was founded in 1945 and is based in Montlhery, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Axel Arigato

Goteborg, Sweden

Axel Arigato is a designer sneaker brand, provides wide product offering, a design conveying Nordic minimalist culture as well as a fair perceived price point. Axel Arigato’s international presence is established through a multi-channel distribution strategy, including own website and retail stores, as well a selective network of online retailers and wholesalers. Axel Arigato was founded in 2014 and is based in Goteborg, Sweden.

Buy -
DESCRIPTION

JW Levin Management Partners LLC is a management and investment firm focused on consumer products, retail, and restaurant companies. JW Levin Management Partners was formed in 2015 and is based in New York City.


DEAL STATS #
Overall 3 of 3
Sector: Beverages M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Spinrite

Listowel, Ontario, Canada

Spinrite is a manufacturer and marketer of craft yarn products in North America. Spinrite's Bernat, Patons, Lily Sugar's Cream, and Phentex brands, which are sold through mass merchants, craft stores, and independent specialty stores. Spinrite was founded in 1952 and is based in Listowel, Ontario.

Buy -
DESCRIPTION

The BERKS Group is a division of the privately held News-Press & Gazette Company and the Bradley family holdings business. BERKS looks to acquire and invest in profitable manufacturing, education technology, and technology infrastructure businesses valued between $10 and $100 million. The Firm doesn't have an investment horizon and seeks to partner with strong brands led by talented management. The BERKS Group is based in Kansas City, Missouri.


DEAL STATS #
Overall 8 of 10
Sector: Beverages M&A 1 of 1
Type: Growth Capital M&A Deals 5 of 7
State: Texas M&A 2 of 2
Country: United States M&A 8 of 10
Year: 2020 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-19 IDC Precision

Mukwonago, Wisconsin, United States

IDC Precision is an ultra-precision machining company. IDC manufactures parts for aerospace and defense companies. The company delivers high quality, complex components primarily used in defense and aerospace systems. IDC Precision was founded in 1987 and is based in Mukwonago, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 Natoma Manufacturing

Norton, Kansas, United States

Natoma Manufacturing is a manufacturer of build-to-order precision machined parts from a variety of materials. Natoma Manufacturing was founded in 1982 and is based in Norton, Kansas.

Buy -
DESCRIPTION

Trinity Investors is a private equity firm focused on direct investments in real estate and operating companies. Trinity Investors was formed in 2006 and is headquartered in Southlake, Texas.


DEAL STATS #
Overall 12 of 19
Sector: Beverages M&A 1 of 1
Type: Growth Capital M&A Deals 6 of 7
State: Texas M&A 9 of 9
Country: United States M&A 11 of 18
Year: 2020 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-05 ELB Learning

American Fork, Utah, United States

ELB Learning provides a complete suite of integrated training development and delivery tools, including the leading authoring tool Lectora and virtual reality course builder CenarioVR. Learning developers can utilize these tools together with an extensive library of professionally designed eLearning templates, game modules, and courses. ELB Learning was founded in 2009 and is based in American Fork, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 Beacon Manufacturing Group

Alexandria, Minnesota, United States

Beacon Manufacturing Group specializes in the manufacturing of highly engineered products and assembled components providing value-added services and solutions to customers. Beacon Manufacturing Group was founded in 2020 and is based in Alexandria, Minnesota.

Buy -