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.
August 18, 2020
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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.
Eurazeo SE is a leading European investment group with diversified assets under management of EUR 35 billion, including EUR 24.2 billion on behalf of institutional and individual clients through its private equity, private debt, real estate and infrastructure strategies. The group supports over 600 mid-market companies, leveraging the commitment of its 400 employees, its sector expertise, its privileged access to global markets via 12 offices in Europe, Asia and the United States, and its responsible approach to value creation based on growth. Eurazeo's institutional and family shareholding and its solid financial structure ensure its long-term viability.
Eurazeo SE has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Saõ Paulo.
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.