Consolidation of the keg industry continues. Keg Logistics LLC has acquired HopGistics LLC a provider of kegs based in Atlanta. The deal extends the Keg Logistics’ portfolio of keg customers to over 2500+, in which Keg Logistics’ provides keg supply options and logistics solutions to brewers, cider, wine and beverage producers in the US, Canada and the UK.
“We are proud to become part of the Keg Logistics team and look forward to accelerating our growth and strengthening our support for our current customer base,” said Todd Balsley, a partner of Hopgistics and now a member of the Keg Logistics management team.
Greg Bloodworth, also a partner of HopGistics added, “This integration allows us to expand our offerings to our current HopGistics customers while maintaining our dedication to helping our brewers achieve their sales goals. We can now offer flex term rentals and expand our pay-per-fill options to allow our brewers to ship kegs to any market in the USA, as well as export kegs to Canada and the UK.”
Keg Logistics will continue to provide all brewers with access to flexible finance and rental options helping breweries gain better control of their assets, lower costs, improve cash flow and increase operational efficiencies.
“We are thrilled with the completion of this transaction; it deepens Keg Logistics’ commitment to deliver the most diverse keg programs and highest service level while always keeping the best interest of the brewer in mind. Keg Logistics is the only keg management company in the world that offers rent-to-own, short-term leasing, pay-per-fill, sale and leaseback, and export keg programs. The flexibility we offer to the brewing industry is superior to any other keg supplier in the industry”, said Chris Sapyta, Keg Logistics CEO. “The combined capabilities and like minds of our companies have allowed us to bolster our team and continue to deliver the brewing industry’s most successful keg solutions beyond the original keg management concept I founded through MicroStar in 1996.”
Keg Logistics is a portfolio company of Seaport Capital, a lower middle-market buyout firm. Bill Luby, a founding partner of Seaport Capital added, “The purchase of HopGistics solidifies Keg Logistics’ position as the most widely utilized keg management company by the brewing industry in North America. We are confident in the company’s growth trajectory and remain excited about the future in both Canada and the UK as our suite of solutions, including the pay-per-fill program, continues to gain momentum in the marketplace.”