Beverage Solutions Group has been acquired by manufacturer and distributor of premium quality coffee products Ronnoco Coffee.
The recent purchase is Ronnoco’s eighth acquisition in the last six years.
Ronnoco distributes coffee under six primary brands: Ronnoco, Seattle Roast, Wild Horse Creek, Henderson, Coffee House and Camellia.
Private equity firm, Huron Capital, acquired Ronnoco in 2012 as the platform investment for its ExecFactor initiative within high-growth beverage categories.
Terry McDaniel, CEO at Ronnoco, said: “We are excited about working with the great team at Beverage Solutions to focus together on expanding the combined portfolio of products, brands and equipment.
“Beverage Solutions has built a strong reputation in the beverage industry and is a great fit for Ronnoco’s continued brand momentum.”
Beverage Solutions was founded in 1997 by Doug and Steve Thompson in Maynardville, Tennessee, and has become known for providing “reliable and “environmentally friendly” equipment.
Steve Thompson, co-owner and president of Beverage Solutions, said: “We anticipate Ronnoco’s industry expertise will help us grow our current beverage equipment and brand offerings.
“Doug and I feel this partnership will provide significant benefits for our employees and our customers.”
Working with over 70 distributors throughout the country, and with over 90 shipping locations, Beverage Solutions deepens Ronnoco’s presence throughout the U.S. in convenience stores, food service locations and offices.
Matt Hare, Partner at Huron Capital, said: “For over 20 years, Beverage Solutions has provided high-quality products and equipment along with excellent customer service.
“The addition of Beverage Solutions expands Ronnoco’s national footprint from 35-43 states and provides additional distributor relationships.”