Houlihan Lokey Advises Lemonati

Lemonati LLC has acquired Mighty Swell Cocktail Company LLC

Buyside Advisor

Houlihan Lokey is pleased to announce that Lemonati LLC has acquired Mighty Swell. The transaction closed 28 July 2023.

Lemonati is the beverage alcohol division of a major international company, recognized globally for its expertise in developing and manufacturing citrus flavors, organic flavors, beverage flavors, essential citrus oils, and other flavors that are applicable across a wide variety of finished food, beverage, and consumer products.

Mighty Swell produces spiked seltzers that hail from Austin, Texas, where weirdness and realness unite. Wild, weird, and a bit defiant, Mighty Swell prides itself on producing innovative, bold flavors. Mighty Swell offers different variety packs made with all-natural ingredients. Each 12-ounce can is certified gluten-free, OU Kosher, vegan-friendly, and low-carb from real fruit juice.

Houlihan Lokey served as the financial advisor to Lemonati and assisted in structuring and negotiating the transaction on its behalf.

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