RA Capital represented the Grant family in their sale of Pure-Flo Water Co. to DS Services of America, Inc. (DS Services) following nearly 60 years of family ownership
Deal Execution: At the onset of the engagement, RA Capital consulted extensively with the family to determine operating and financial objectives and alternatives for achieving them. RA Capital executed the sale process to preserve confidentiality, while minimizing disruptions to the business. This approach helped lead the transaction to a successful close approximately five months after first reaching out to potential acquirors
Mutually Beneficial Transaction: The transaction helped meet the objectives of the Grant family, while providing an attractive add-on acquisition to DS Services’s existing business. Together, the combined enterprise will help strengthen DS Services’s position as a leader in the Southern California home and office delivery market
About Pure-Flo Water Co.
Pure-Flo Water Co. is a provider of water, coffee and tea, and related product delivery services for commercial and residential clients in and around San Diego and Riverside County, California
About DS Services of America, Inc.
DS Services of America, Inc. produces and distributes bottled water, water filtration coolers, coffee & tea, and other products to offices, workplaces, and retail establishments around the United States. Several of DS Services’s bottled water brands have been satisfying consumers for more than 100 years. DS Services is a subsidiary of Canada-based Cott Corporation