ReserveBar Closes Series B Financing With Investment Group Anchored By Silver Lake

ReserveBar announced the closing of its Series B financing. The investment round was anchored by Silver Lake, the global leader in technology investing, and a group of leading e-commerce and technology investors led by Doug Dillard, Jr., Managing Partner of Slewgrass Capital and a Silver Lake advisor, who will join ReserveBar’s Board of Directors.

FIJI Water Launches New “It’s Not Just Water” Campaign With Music Composed By Hans Zimmer

FIJI Water, the No. 1 premium imported bottled water in the U.S., launched its new campaign chronicling the unique and pristine journey of FIJI Water: from the clouds, to rain, through rocks, into a deep artesian aquifer, and bottled at the source. Told in four installments, the story comes to life with music by 11-time Academy Award-nominated composer Hans Zimmer.

Audacious Brands Acquires LOOS And Expands Into California Cannabis Beverage Market

Australis Capital Inc., operating as Audacious Brands announced the acquisition of California-based cannabinoid infused drinks company LOOS. The company’s first product, a 2oz “shot” infused with 100mg of THC, is available in three flavors – Orange Crush Sativa, Green Dream Hybrid, and Lavender Indica.

Rebellious Infusions Introduces New Caffeine-Free Product Line

Rebellious Infusions, the leading organic, plant-based mixers in the energy drink category, has launched a new line of Caffeine-Free Infusions that offers natural alertness and focus without causing a spike or crash in energy.

Suja Acquired By PE Firm Paine Schwartz

Cold-pressed juice brand Suja Life has been acquired by investment group Paine Schwartz Partners, the company announced today. Financial terms of the deal were not disclosed.

Coconut Cartel Announces Expansion Into Seven New U.S. Markets

Coconut Cartel Special Añejo has announced new distribution into seven new markets statewide after launching in Georgia earlier this year. Coconut Cartel will be exclusively distributed in Texas by Green Light Distribution; North Star Spirits in Idaho; M.S. Walker in Rhode Island; Murphy Distributors in Connecticut; and Bacchus Imports in D.C., Maryland, and Delaware. 

PepsiCo: Q2 Net Revenue Surges as Consumer Mobility Returns

Fueled by the resurgence of on-premise accounts and increased consumer mobility, PepsiCo net revenue surged 20.5% to $19.2 billion in Q2 2021, beating already-optimistic analyst expectations. According to an earnings report released today, organic revenue growth increased 12.8% in the quarter, up from 7.4% last year.

CRB Expands Board-Level Leadership Team

CRB, an international leader in sustainable engineering, architecture, construction and consulting solutions to the food and beverage and life sciences industries, announced the election of four new members to its Board of Directors: Sandy Price, Tim Hannan, Bob Uhler and Shannah Falcone. Current board member Paul Skinner also was re-elected to another term.