Flexis Capital LLC, Moore Strategic Ventures, LLC, JW Levin Management Partners LLC, Waterloo Capital, LLC, Eurazeo Brands managed by Eurazeo SE (ENXTPA:RF) and management of Waterloo Sparkling Water acquired Waterloo Sparkling Water Corp. from Waterloo Sparkling Water, CAVU Venture Partners and others on August 19, 2020. Waterloo’s management team is rolling over a significant stake as part of this transaction. Jason Shiver, Chief Executive Officer of Waterloo Sparkling Water, will continue to lead the company alongside Chief Operating Officer Jeff Arnold. Stephen Sadove will join Waterloo Sparkling Water board as Non-Executive Chairman and Jerry Levin will join as a board of director. Willkie Farr & Gallagher LLP acted as legal advisor to Flexis Capital and the investor group. Willkie Farr & Gallagher LLP acted as legal advisor to Eurazeo Brands. RSM acted as accountant to Eurazeo. BraunHagey & Borden LLP acted as legal advisor to Waterloo Sparkling Water. Steven R. Shoemate of Gibson, Dunn & Crutcher LLP acted as legal advisor to Eurazeo Brands. Flexis Capital LLC, Moore Strategic Ventures, LLC, JW Levin Management Partners LLC, Waterloo Capital, LLC, Eurazeo Brands managed by Eurazeo SE (ENXTPA:RF) and management of Waterloo Sparkling Water completed the acquisition of Waterloo Sparkling Water Corp. from Waterloo Sparkling Water, CAVU Venture Partners and others on August 19, 2020.