Swig Life has been sold to Leapfrog Brands, a portfolio company of Palladin Consumer Retail Partners
Launched in January 2017 as the first premium insulated drinkware and hydration brand with women in mind, Swig Life has become an aspiring lifestyle brand that appeals to busy women on-the-go that care about function and fashion as the brand’s products have become a personal style statement. Female-owned and operated and based in Richmond, Virginia, Swig Life provides women with premium products across a variety of categories, sizes and colors. The company is differentiated by its high-quality, innovative and durable products with unique designs and anchored by its “for women, by women” roots. For more information, please visit www.swiglife.com.
Swig Life engaged Lincoln International as its exclusive financial advisor to find a partner that could support the company with its next phase of growth. Supported by its deep industry knowledge, Lincoln ran a tailored process including both strategic and financial investors while providing critical strategic advice to deliver a successful outcome to all parties involved. Swig Life’s partnership with Leapfrog Brands is expected to result in meaningful value creation from its deep bench of resources.
This transaction continues Lincoln’s track record in consumer products as well as the firm’s longstanding history of completing successful transactions for owner-entrepreneurs and private companies. Terms of the transaction were not disclosed.
Riccardo Cazzoli, Managing Director in Lincoln’s Consumer Group, commented, “Buyers’ interest in Swig Life was strong and driven by several key factors including a differentiated brand, a great management team, exceptional products and a proven track record of growth across channels. With a strong, loyal customer base, favorable industry trends and proven ability to expand across customers and channels, Swig Life is incredibly well positioned for growth. We are honored to have played a role in bringing the Swig Life team together with its new partners at Leapfrog Brands. We look forward to following the company’s continued success.”
Leapfrog, a portfolio company of Palladin Consumer Retail Partners (PCRP), is a leading designer and provider of beverageware, including portable water bottles and coffee mugs, food storage containers, bakeware and a variety of other pioneering products. For more information, please visit www.leapfrogbrands.com.
Palladin Consumer Retail Partners
PCRP is a Boston-based private investment firm, founded in 1998, that focuses primarily on the retail and consumer products sectors in North America and Europe. The principals of PRCP have invested in, financed or managed more than 100 retail and consumer products companies. Throughout its 25-year history, PRCP has leveraged its deep industry experience and relationships to help companies in a range of situations – from executing a retail expansion strategy to introducing product or brand extension initiatives. For more information, please visit www.pcrp.com.
The Lincoln team worked hand-in-hand with us throughout the process and took the time to truly understand our business and showcase what makes the Swig Life brand special. Their strategic advice and unwavering commitment were instrumental in achieving this successful outcome. I am excited to partner with the Leapfrog team as we work together to execute on our plans for continued growth.
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