mynth
← DATABASE
01/2022100%

Canarchy Craft Brewery acquired by Monster Beverage Corporation

UNITED STATES Food Processing / Beverages / Wines & Spirits EV $300–700M

Context

Monster Beverage Corporation has entered into a definitive agreement to acquire CANarchy Craft Brewery Collective LLC for a total cash consideration. This acquisition represents a landmark strategic pivot for Monster, serving as its primary entry point into the alcoholic beverage sector. The transaction includes CANarchy’s full industrial infrastructure, alcoholic beverage licenses, and a dedicated management team with deep expertise in malt-based product development and manufacturing. A key element of the deal structure is the independence of CANarchy’s organizational structure, which will continue to function separately from Monster’s core energy drink business. The strategic rationale for the merger is to capitalize on the convergence between energy drinks and hard seltzers, providing Monster with a turnkey platform to develop and launch "cross-over" alcoholic products. By integrating CANarchy’s craft expertise with Monster’s global brand power, the combined entity aims to meet the evolving needs of consumers seeking innovative alcoholic flavors. Notably, the transaction excludes CANarchy’s stand-alone restaurants, focusing strictly on the scalable production and distribution assets of the collective.

Canarchy Craft Brewery, which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of 10x–18x.

-> Deep-dive in AgriFood market trends

Target

CANarchy is a disruptive collective of high-growth craft breweries and hard seltzer producers. At the time of acquisition, it ranked as a top 10 US craft brewery, managing an iconic portfolio of regional brands including Cigar City, Oskar Blues, Deep Ellum, Perrin Brewing, Squatters, and Wasatch. The collective’s product offering spans various popular categories, from the Jai Alai IPA to Wild Basin Hard Seltzer. CANarchy operates with a robust manufacturing and distribution infrastructure that supplies products across all 50 U.S. states and 20 international territories. Its business model is centered on preserving the unique "craft" identity and innovative flavor profiles of its individual member breweries while utilizing a centralized platform to achieve economies of scale in sourcing, production, and logistics.

Ent. Value

$300–700M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2021
$100–200M
$25–50M
[members only]
2020
$100–200M
$25–50M
[members only]

Similar deals in Food Processing

Similar deals in Food Processing
DateAcquirerTargetCountrySector
03/2022HILTON FOOD GROUPDUTCH SEAFOOD COMPANYNETHERLANDSFood Products
02/2022KKRREFRESCONETHERLANDSBeverages
01/2022HIGHLAND EUROPE / MANAGEMENT & PRIVATE INVESTORSHUELUNITED KINGDOMFood Products
01/2022BENSON HILLZFS CRESTONUNITED STATESIngredients
12/2021LUCAS BOLS COMPANYTEQUILA PARTIDAUNITED STATESWines & Spirits
11/2021CVCLIPTON TEAS AND INFUSIONSNETHERLANDSCoffee & Tea
11/2021TA ASSOCIATESNACTAROME GROUPITALYIngredients
11/2021BGH CAPITALLAURENT BAKERY GROUPAUSTRALIABakery / Pastry
10/2021BISCUIT INTERNATIONALCONTINENTAL BAKERIESNETHERLANDSFood Products
09/2021ARDIANFLORIDA FOOD PRODUCTS (FFP)UNITED STATESFood Products

REFERENCES

Valuation range: EV $300–700M

Revenue range: $100–200M

EBITDA range: $25–50M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Canarchy Craft Brewery by Monster Beverage Corporation are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

FAQ

What transaction does this page cover?

This page covers Monster Beverage Corporation’s acquisition of 100% of Canarchy Craft Brewery, an American company specialised in Beverages, in 2022.

How was the acquisition of Canarchy Craft Brewery by Monster Beverage Corporation valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $300–700M band, its EV/EBITDA multiple within the 10x - 18x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Canarchy Craft Brewery’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Canarchy Craft Brewery generated annual revenue estimated in the $100–200M range and EBITDA in the $25–50M bracket (FY 2021). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.