Navigate Private Yield Fund has financed Bench Brewing's acquisition of Ace Hill and Liberty Village brands from Ace Beverage Group, enhancing its product portfolio in the craft beverage market.

Information on the Target

Bench Brewing, based in Ontario, is a progressive brewery that prides itself on innovation and sustainability. The company is recognized for its high-quality beer offerings, including the popular Ace Hill Pilsner and various ready-to-drink (RTD) beverages such as Ace Hill Lemon Vodka Soda. Recently, Bench has expanded its portfolio by acquiring two additional brands, Ace Hill and Liberty Village, from Ace Beverage Group. This strategic acquisition allows Bench to integrate distinct products that appeal to a broader range of consumers.

Ace Hill brings with it a robust assortment of beer and RTD options, while Liberty Village enhances Bench's offerings with a healthier cider alternative, notably its flagship Liberty Village Dry Cider, which is appealing due to its zero-sugar formulation. The combination of these three brands underlines Bench Brewing's commitment to quality and community, creating a comprehensive spectrum of products that caters to diverse consumer preferences.

Industry Overview in the Target’s Specific Country

Canada's beverage alcohol market has been experiencing significant growth, particularly in craft beer and innovative beverage segments such as RTDs and ciders. With a burgeoning interest in unique and locally-sourced products, the craft bev