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Edelman is handling New Belgium Brewing’s acquisition by Japan’s Kirin Holding Co. Ltd.
Based in Fort Collins, CO, NBB markets Fat Tire Amber Ale, Voodoo Ranger, Mural Agua Fresca Cerveza and La Folie Sour Brown Ale,
The Brewers Assn. ranks NBB as the nation’s No. 4 craft brewer, trailing Yuengling, Boston Beer and Sierra Nevada.
NBB co-founder Kim Jordan admits that losing the employee-owned status may be viewed as a drawback, but the deal will result in a nearly $190M windfall to current and former staffers enrolled in the Employee Stock Ownership Plan.
“We will have helped a significant number of people realize the upside of having equity in something, being part of the American dream,” noted Jordan.
NBB will become part of Kirin’s Lion Little World Beverages, collection of craft beers.
Edelman’s Lauren Scott and Allison McLarty represent Lion.
FGS Global represents Copart as the online vehicle auction company acquires auto marketplace and data services business ACV, a Joele Frank client, in a deal valued at $1.9B.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
