Sell Side Advisor

Duff & Phelps Advised Tropics Mixology on its Sale to Bevolution Group, a portfolio company of Highlander Partners, L.P.

Tropics Mixology, a fast-growing provider of branded specialty beverage mixes sold in the foodservice channel, has been acquired by Bevolution Group. The transaction closed on October 30, 2015.

Duff & Phelps served as exclusive financial advisor to Beverage Innovations, Inc. in connection with the sale of Tropics Mixology.

About Tropics Mixology

Headquartered in Delray Beach, FL, Tropics Mixology provides frozen and shelf-stable specialty beverage mixes. The company’s unique and innovative product offering is used by customers in the preparation of smoothies, alcoholic beverages and hot drinks.

About Bevolution Group

Bevolution Group is a leader in the manufacture of shelf-stable and frozen beverages and cocktail mixes. The company was established through the integration of long-time foodservice leaders Juice Tyme and Lemon-X in March 2015. Bevolution Group has production facilities in Chicago, IL, Frostproof, FL, and Huntington Station, NY. Bevolution Group is a portfolio company of Highlander Partners, L.P.

Highlander Partners, L.P.

Highlander Partners, L.P. is a Dallas, Texas based private equity fund with over $1 billion in assets under management.

 


Corporate Finance and Restructuring

M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.

Consumer Investment Banking

Consumer, Retail, Food and Restaurant expertise for middle-market M&A transactions.

Transaction Advisory Services

Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.


Fairness and Solvency Opinions

Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions in the U.S., EMEA (Europe, the Middle East and Africa), Australia and Globally in 2023 according to LSEG (FKA Refinitiv).