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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.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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