M&A Deal Summary

Next Century Spirits Acquires XED Beverages

On November 3, 2022, Next Century Spirits acquired beverage company XED Beverages

Acquisition Highlights
  • This is Next Century Spirits’ 1st transaction in the Beverages sector.
  • This is Next Century Spirits’ 1st transaction in the United States.
  • This is Next Century Spirits’ 1st transaction in New York.

M&A Deal Summary
Date 2022-11-03
Target XED Beverages
Sector Beverages
Buyer(s) Next Century Spirits
Deal Type Add-on Acquisition

Target

XED Beverages

New York, New York, United States
XED Beverages is a beverage company. XED Beverages was founded in 2019 and is based in New York.

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Buyer(S) 1

Buyer

Next Century Spirits

Raleigh, North Carolina, United States
Category Company
Sector Beverages
DESCRIPTION

Next Century Spirits is a beverage alcohol supplier of portfolio owned brands on the market, including Bear Fight American Single Malt Whiskey, Creek Water American Whiskey, and Caddy Cocktails, with 105+ awards secured to-date across the company's portfolio of products. Next Century Spirits is based in Raleigh, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
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