M&A Deal Summary

Runnymede Investments Acquires Smuttynose Brewing

On March 16, 2018, family office Runnymede Investments acquired beverage company Smuttynose Brewing from Provident Bankshares

Acquisition Highlights
  • This is Runnymede Investments’ 1st transaction in the Beverages sector.
  • This is Runnymede Investments’ 3rd transaction in the United States.
  • This is Runnymede Investments’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2018-03-16
Target Smuttynose Brewing
Sector Beverages
Buyer(s) Runnymede Investments
Sellers(s) Provident Bankshares
Deal Type Divestiture

Target

Smuttynose Brewing

Hampton, New Hampshire, United States
Smuttynose Brewing is a craft brewery and produces some of New England’s most popular craft beers. Smuttynose Brewing was founded in 1994 and is based in Hampton, New Hampshire.

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Buyer(S) 1

DESCRIPTION

Runnymede Investments is a family-backed investment firm focused on private company and real estate investments. The Firm was formed in 2016 and is based in North Hampton, New Hampshire.


DEAL STATS #
Overall 3 of 3
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 3 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-06 Microf

Atlanta, Georgia, United States

Microf provides affordable rental finance solutions for consumer's heating and cooling needs. Microf was founded in 2010 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 Amware Logistics

Lawrenceville, Georgia, United States

Amware Logistics is a provider of B2B and B2C third-party logistics and order fulfillment services for a wide variety of industries throughout North America. Amware operates over 2 million square feet of warehouse space through nine facilities located across the United States. Amware Logistics was founded in 1989 and is based in Lawrenceville, Georgia.

Sell -

Seller(S) 1

SELLER

Provident Bankshares

United States

Category Company
Sector Financial Services
DESCRIPTION

Provident Bankshares Corp. is a banking services provider.


DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1