Fort Capital Partners is pleased to announce that the business of Olé Cocktail Company Inc. (“Olé”) has been acquired by Mark Anthony Group Inc. (“MAG”).
Founded in 2020 in Vancouver, Olé has grown rapidly into a leading developer and marketer of premium, ready-to-drink tequila cocktails and mocktails. Its products are available in stores throughout Canada and its initial Margarita and Paloma products have expanded into a portfolio which includes Chili Mango, Tequila Sunrise, Tequila Mule, Spicy Margharita, and Mocktail offerings – all made with premium quality blue weber agave tequila from Jalisco, México, real fruit juices, organic agave nectar, and a delectable pinch of sea salt, and with no artificial colours, flavours, or sweeteners.
MAG is one of North America’s most diversified and successful private beverage companies focused on the alcohol beverage sector. Founded in 1972, MAG grew organically from a one-person wine importing business to a leading producer and distributor of fine wine, spirits, and premium beer, and today is the #1 Ready-to-Drink Company in North America. Today, Mark Anthony remains a private, family-owned business with tremendous pride in being 100% Canadian-owned.
Fort Capital Partners acted as financial advisor to Olé.