October 26, 2012Dear Client:KPS Capital Partners has just announced that it signed a definitive agreement to sell its portfolio company, North American Breweries Holdings to Cerveceria Costa Rica, S.A., a subsidiary of Florida Ice and Farm Company, S.A., for $388 million in cash. NAB is one of the largest independently owned beer companies in the United States and the owner of a diverse portfolio of brands including Labatt, Genesee, Seagram's Escapes, Magic Hat, Pyramid, the Original Honey Brown Lager, Dundee
