Clover Capital and Granite Creek fund Big Easy Blends

Clover Capital Partners and Granite Creek Capital Partners have made an investment in Big Easy Blends, a maker of ready-to-drink beverages. Boxwood Partners advised Big Easy on the deal.

Correction: An earlier version of this news item’s headline misspelled Granite Creek. It has since been corrected. 

PRESS RELEASE

JUPITER, FL – (April 15, 2021) – Boxwood Partners is pleased to announce that it has advised Big Easy Blends (‘Big Easy” or “the Company”), a developer and manufacturer of niche, ready-to-drink beverages, on its growth investment from Clover Capital Partners and Granite Creek Capital Partners.

Boxwood Partners, a leading middle-market investment bank based in Jupiter, Florida, acted as the exclusive advisor to Big Easy Blends on the transaction. The transaction was led by Brian Alas (Managing Director), Madison Day (Associate) and Kurtis Brown (Analyst). The terms of the deal were not disclosed.

“Big Easy’s unique manufacturing capabilities have attracted a variety of blue-chip, private label and contract manufacturing customers as single-serve trends continue in the beverage sector,” said Brian Alas, Boxwood’s Managing Director. “We are excited for Sal, Craig and Antonio as this transaction will allow them to further expand their production capabilities and capitalize on opportunities for growth.”

Based in New Orleans, Louisiana, Big Easy Blends is a national manufacturer of branded, private label, and licensed summer seasonal slushies, snow cones, better-for-you smoothies, and various other alcoholic and non-alcoholic frozen novelties. For over 15 years the Company has specialized in on-trend pouched packaging to deliver enjoyable, convenient, and on-the-go solutions to consumers.

“Our new partnership with Clover Capital and Granite Creek will allow Big Easy Blends to take the next step in our company’s growth and development,” said Big Easy Blends Co-founder and CFO Craig Cordes. “Boxwood’s guidance and insight into this transaction was extremely valuable and we appreciate the support they provided us throughout the process.”

“We are thrilled to partner with Sal, Antonio and Craig – the co-founders of Big Easy Blends to help accelerate growth.” said Alex Schneider, Co-founder of Clover Capital Partners. “This is an ideal situation for us – supporting young and ambitious entrepreneurs as they expand their team, footprint and market opportunities with additional capital and strategic resources.”

About Boxwood Partners
Boxwood Partners, LLC, is a boutique investment bank based in Jupiter, Florida with offices in Richmond, VA. Boxwood Partners combines a unique blend of senior-level transaction advisory, business operating experience, and proven process execution skills to give its clients a distinct advantage in the market. The firm’s extensive relationships within the global capital and buyer communities (including U.S. and international private equity groups, corporations, and lenders) and other important transaction-related service providers such as consultants, attorneys, and accountants, ensure that the firm’s clients receive the attention, service, and results they deserve. For more information about Boxwood Partners, please visit www.boxwoodpartners.com.