Fever Tree Acquired by LDC
Fever Tree Acquired by LDC
Transaction
Overview
Spayne Lindsay is delighted to announce that we have advised LDC on the acquisition of Fever-Tree
LDC, a UK-based mid-market private equity firm, has backed the capital replacement of Fever-Tree, a London, UK-based tonic water and mixers brand, valuing the company at £48m.
The company intends to use the procedds from the investment to strengthen the brand’s presence in the UK and Spain, accelerate expansion into the US and in other countries.
Co-founded in 2005 by Charles Rolls and Tim Warrillow, Fever-Tree is an upmarket mixer drinks company, which already present in 35 countries world-wide. It recently launched in Japan, Germany and Columbia.
In conjunction with the investment, Daniel Sasaki, Managing Director of LDC’s London investment team and Bertie Aykroyd, Investment Director, will join Fever-tree’s board.