Beverage Solutions Group LLC

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Beverage Solutions Group LLC - overview

Established

1977

Location

Maynardville, TN, US

Primary Industry

Logistics & Distribution

About

Beverage Solutions Group LLC specializes in providing tailored beverage solutions, focusing on premium coffee and diverse drink offerings to clients. They emphasize quality and sustainability in their products. Beverage Solutions Group LLC operates as a beverage supplier, primarily known for its coffee products. The firm was founded in 1977 and is headquartered in Maynardville, US.


In March 2019, Ronnoco Coffee, a portfolio company of Huron Capital, acquired Beverage Solutions Group LLC. Founded by individuals with industry experience, Ronnoco Coffee has maintained its focus on quality beverage solutions. Ronnoco Coffee specializes in providing a comprehensive range of beverage solutions, focusing on premium coffee roasting and custom beverage programs tailored to meet client needs. Their offerings include over 35 private blends and more than 300 coffee varieties, ensuring significant diversity for businesses seeking to enhance their beverage menus.


Additionally, Ronnoco provides a selection of iced teas, flavored beverages, cappuccinos, hot chocolates, and lemonades, serving a diverse clientele of restaurants, cafes, and corporate offices across the United States. Ronnoco Coffee generates revenue through direct sales to its customers and partnerships with third-party distributors, positioning itself within the B2B segment of the beverage industry. The company operates with a transactional model that includes wholesale pricing for businesses and potentially subscription options for regular supply. Clients can engage with Ronnoco through tailored agreements that align with their specific beverage needs, enhancing customer experience while optimizing costs.


The firm’s flagship products include its proprietary coffee blends, central to its value proposition, with pricing structures accommodating various business sizes and requirements. Ronnoco Coffee plans to leverage its recent acquisition of Beverage Solutions Group LLC to enhance its market presence. Upcoming product designs include innovative coffee blends and expanded beverage offerings, with a targeted launch by the end of 2023. There are plans for geographical expansion into new markets, specifically targeting the Northeast and Midwest regions of the United States by 2024.


The acquisition funding from March 2019 will support these initiatives, enabling Ronnoco to enhance production capabilities and marketing efforts.


Current Investors

Ronnoco Coffee, LLC

Primary Industry

Logistics & Distribution

Sub Industries

Non-Alcoholic Beverages, Food & Beverage Distribution

Website

www.buybsg.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Beverage Solutions Group LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBeverage Solutions Group LLC-

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