Add-on Acquisition • Business Services

Keg Logistics Acquires HopGistics

On January 4, 2022, Keg Logistics acquired business services company HopGistics from Grove Mountain Partners

Acquisition Context
  • This is Keg Logistics’ 1st transaction in the Business Services sector.
  • This is Keg Logistics’ 3rd transaction in the United States.
  • This is Keg Logistics’ 1st transaction in Georgia.

Explore All 10010 Add-on Acquisition Business Services Deals - Search the Database Free


M&A Deal Summary

Date January 4, 2022
Target HopGistics
Sector Business Services
Buyer(s) Keg Logistics
Sellers(s) Grove Mountain Partners
Deal Type Add-on Acquisition

Target Company

HopGistics

Atlanta, Georgia, United States
HopGistics provides customized keg management solutions and support. HopGistics works with breweries to determine the best keg program for their current and future needs and deliver it. HopGistics is based in Atlanta, Georgia.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Keg Logistics

Centennial, Colorado, United States

Category Company
Founded 2011
Sector Transportation
DESCRIPTION

Keg Logistics is an outsourced keg management provider that services over 1,100 craft brewers, wine, cider and other draught beverage producers in the U.S., Canada, and U.K. Keg Logistics provides a lease-to-own model whereby craft breweries can lease kegs for up to eight years with buyout options. Keg Logistics was founded in 2011 and is based in Centennial, Colorado.


Deal Context for Buyer #
Overall 4 of 4
Sector: Business Services 1 of 1
Type: Add-on Acquisition 4 of 4
State: Georgia 1 of 1
Country: United States 3 of 3
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-21 North Keg

Mississauga, Ontario, Canada

North Keg is a provider in the keg management sector supporting over 2,600 high-growth breweries, cideries, and specialty beverage customers across the United States, Canada, and the United Kingdom. North Keg was founded in 2017 and is based in Mississauga, Ontario.

Buy -

Seller Profile 1

SELLER

Grove Mountain Partners

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2020
PE ASSETS 480M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Grove Mountain Partners is a private equity firm focused on investments in lower-middle market home service and specialty business service companies throughout the US. The Firm seeks long-term partnerships with management teams in businesses with EBITDA between $3 and $25 million and $15 to $200 million in revenue. Grove Mountain considers control and structured equity investments to support management/leveraged buyouts, family succession planning, recapitalizations, and corporate divestitures. Grove Mountain prefers businesses with relatively low capital intensity and generally avoids companies with customer concentration, extreme cyclicality, significant regulation, or unknown technology risks. Grove Mountain Partners was founded in 2020 and is based in Atlanta, Georgia.


Deal Context for Seller #
Overall 1 of 3
Sector: Business Services 1 of 2
Type: Add-on Acquisition 1 of 3
State: Georgia 1 of 2
Country: United States 1 of 3
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Central States Paving and Concrete

Wisconsin, United States

Central States is a partnership of paving companies. It seeks to provide excellent customer service while providing a stable and growing environment for its base of committed employees. Central States Paving and Concrete is based in Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-09 Unique Indoor Comfort

Atlanta, Georgia, United States

Unique Indoor Comfort is an HVAC and plumbing services company that delivered operational, management, accounting, and technology excellence within the heating and cooling space. Unique Indoor Comfort was founded in 2021 and is based in Atlanta, Georgia.

Sell -