Redwood Rolls Up Another Giant A-B Wholesaler: Tampa-Based Pepin

Dear Client: After weeks of speculation on the deal, yesterday news broke that big, Tampa-based A-B/Constellation house, Pepin Distributing Company, would sell to private equity firm, Redwood Capital Investments (as first reported by BMI).  You may recall the Redwood name for its having purchased the Houston territory of Silver Eagle Distributors -- one of the nation's largest independent A-B wholesalers -- in the spring of 2019. Redwood had also invested in Chicago's Lakeshore Beverage two years prior to that.  As