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Bragg Live Food Products Acquired by Investor Group

Apple cider vinegar maker Bragg Live Food Products announced today it has been acquired by an investor group led by private equity firm Swander Pace Capital, positioning the 107-year-old wellness brand for expansion and innovation.

Taste Radio Ep. 168: The CEO Behind C4 On The Power of Premium & Keys to Explosive Growth

Nutrabolt CEO Doss Cunningham explained why focusing on premium as the guiding principle of the company’s business strategy was key to its development and that of its anchor brand, C4. He also discussed the mission and focus of his venture capital firm LivWell Ventures and the lessons he hopes to impart to brand owners within its portfolio. This episode is presented by Flavorman, the beverage architects.

Project Juice and Beaming Wellness Announce Merger

California-based juice bar chains Project Juice and Beaming Wellness announced last week they have merged to create Superfood Holdings LLC. The new entity will maintain both brand names, which combined operate 16 “organic clean-food kitchens” throughout California.

BevNET Live Summer 2019: The New Faces of Beverage VC

In this panel from BevNET Live Summer 2019, held June 12 in New York City, BevNET editor-in-chief Jeff Klineman sits down with three new fund managers to learn how these “new faces of beverage VC” approach investments, brand loyalty, ingredient trends, and entrepreneurship.

Shaquille O’Neal Joins FORTO As Investor

NBA legend Shaquille O’Neal has joined FORTO coffee shot maker Dyla Brands as an investor and will be the face of a $20 million media campaign for the product this fall, CEO and founder Neel Premkumar told BevNET. The size of the investment was not disclosed.

Taste Radio Insider Ep. 39: The Art and Science of Getting Investors to Say ‘Yes’

In this week’s episode, Sebastian Dreher, the managing director of Dohler Ventures U.S., discussed the firm’s funding philosophy and why he believes that investing in emerging brands is more “art than science.” He also spoke about how he evaluates scalable innovation, why category dynamics are crucial to Dohler’s investment strategy, and why great founders are also great fundraisers.

BevNET Live Summer 2019: Weller’s John Simmons Reports from the CBD Front Lines

Speaking in June at BevNET Live Summer 2019 in New York City, Weller co-founder John Simmons shared lessons and learnings from his experiences as a CBD pioneer, including how other cannabis product categories have informed the brand’s strategy, how retailers and distributors are looking at infused products, and the process Weller followed to define its platform.

Mother Beverage Preps Growth After CAVU Invests

Mother co-founders Allison and Stephen Ellsworth said Rohan Oza, who took a 25% stake in the company in exchange for his individual investment, arranged meetings between Mother and CAVU shortly after filming Shark Tank. In February the brand secured additional financial backing from the firm, but did not announce the deal until this week.

Gallery: Summer Heats Up With New Spirits

In this month's spirits gallery, we highlight a handful of the notable new releases from the past month, including a blend of four Kentucky straight bourbons from Bardstown Bourbon Co., the debut of bespoke California whiskey maker Wolves, and the U.S. debut of British-inspired rum Admiral Rodney.

BevNET Live Summer 2019: BodyArmor’s Mike Repole on Being a Challenger Champion

Being a challenger means not only having big ideas, but knowing how to grow from a startup brand to true scalability. For Vitaminwater and BodyArmor co-founder Mike Repole, this means being “patiently aggressive,” staying on your toes, and setting ambitious goals-- like becoming the top-selling sports drink by 2025.

BevNET Live Summer 2019: Oatly on Surviving a Shortage

Speaking at BevNET Live Summer 2019, Mike Messersmith, U.S. general manager for Oatly, explained how he navigated the company out of this crisis and got production up to scale within a year. In this video, Messersmith offers his experience with Oatly as an example of how a commitment to transparency and communication helped the brand land on its feet without losing out to the competition.

Taste Radio Ep. 167: Siggi’s Founder On What ‘Planning For Success’ Really Means — And Why It’s So Important

In a wide-ranging interview, Siggi’s founder Siggi Hilmarsson chronicled his journey from selling his Icelandic-style yogurt on the streets of Manhattan through to the creation and eventual acquisition of the brandin 2018. As part of our conversation, he explained why he urges entrepreneurs to “plan for success,” the important role basketball plays in his life, and why he’s a “maybe, sort-of perfectionist.” This episode is presented by Flavorman, the beverage architects.