M&A Deal Summary

Patco Brands Acquires KYLA

On January 21, 2023, Patco Brands acquired beverage company KYLA from Encore Consumer Capital

Acquisition Highlights
  • This is Patco Brands’ 1st transaction in the Beverages sector.
  • This is Patco Brands’ 1st transaction in the United States.
  • This is Patco Brands’ 1st transaction in Oregon.

M&A Deal Summary
Date 2023-01-21
Target KYLA
Sector Beverages
Buyer(s) Patco Brands
Sellers(s) Encore Consumer Capital
Deal Type Add-on Acquisition

Target

KYLA

Hood River, Oregon, United States
KYLA is a brand of alcoholic kombucha that was developed as a low-calorie, low-sugar, gluten-free, shelf-stable, and craft alcoholic beverage with a refreshing taste profile. KYLA is based in Hood River, Oregon.

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Buyer(S) 1

Buyer

Patco Brands

Sausalito, California, United States
Category Company
Sector Beverages
DESCRIPTION

Patco Brands is a manufacturer of wine-based cocktail brand Rancho La Gloria. Patco Brands is based in Sausalito, California.

DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Encore Consumer Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 600M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Encore Consumer Capital is a specialist private equity firm focused on the food and consumer products industries. Specific areas of interest include food and beverage, health and beauty care, pet, automotive aftermarket, infant and children's products, and leisure products. Encore prefers companies in revenues of $10 - $100 million. It looks to invest $5 - $40 million. Encore generally invests in control situations but will consider select minority investments. Encore will not invest in restaurant-only or retail-only companies. Encore operates in partnership with Encore Associates, a strategic advisory firm. Encore Consumer Capital was formed in 2005 and is based in San Francisco.

DEAL STATS #
Overall 20 of 22
Sector (Beverages) 2 of 2
Type (Add-on Acquisition) 17 of 18
State (Oregon) 1 of 1
Country (United States) 19 of 21
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-06 Brownie Brittle

West Palm Beach, Florida, United States

Brownie Brittle sells baking and innovative brownie products across club stores, grocery, mass market retailers, convenience stores, specialty retail, and airlines. Its snacks are available in tens of thousands of stores in the US, Canada, Mexico, Korea, Japan, Australia, and the Caribbean. Brownie Brittle was formed in 1992 and is based in West Palm Beach, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-13 Murry s

Lebanon, Pennsylvania, United States

Murry's is a manufacturer of frozen French toast sticks and bites that are sold into the private label retail and food service channels. The company is a family-owned business trusted name in food manufacturing with French toast products distributed nationwide. Murry's was founded in 1948 and is based in Lebanon, Pennsylvania.

Sell -
Mergr

Product

Company

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