Monster Acquiring CANarchy Craft Collective for $330 Million in Cash

Dear Client: For those wondering if Monster would get into bev alc or not, we have our answer this morning.  Monster has struck a definitive agreement to acquire CANarchy Craft Brewery Collective for $330 million in cash. The deal is expected to close in the first calendar quarter of this year. Evercore served as financial advisor. While the arrangement includes the well-known beer and seltzer brands from CANarchy's platform, from Cigar City to Wasatch, it does not include their stand-alone