Monogram Capital Partners Closes Continuation Vehicle for Mountaintop Beverage
Monogram Capital Partners has closed a continuation vehicle led by Apollo S3 for Mountaintop Beverage. The transaction returns a majority of capital to investors and provides Mountaintop with committed capital and an extended investment horizon.
Monogram Capital Partners has successfully closed a new continuation vehicle for beverage company Mountaintop Beverage. The transaction was led by Apollo S3 and aims to return a significant majority of capital to investors in Monogram Capital Partners II, L.P. (Fund II).
Concurrently, the arrangement secures committed additional capital for Mountaintop Beverage. This capital is intended to support the expansion of the company's nearly 600,000-square-foot manufacturing footprint and the establishment of new production lines. It also provides Mountaintop Beverage with an extended investment horizon for strategic growth.
This continuation vehicle supports Mountaintop Beverage's objectives to enhance its operational efficiency and expand its market presence. The company intends to utilize the new capital to increase production capacity and potentially develop new product offerings.