Sunny Sky Products Expands Beverage Solutions Portfolio with Bevolution Group Acquisition

Houston, TX - Sunny Sky Products, a leading producer of dispensed beverage solutions, has announced the completion of its acquisition of Bevolution Group, a prominent manufacturer and supplier of innovative beverage solutions. This strategic move strengthens Sunny Sky's position as a one-stop-shop for beverage solutions and expands its portfolio with clean label and preservative-free offerings.

Bevolution Group, created through the combination of JuiceTyme, Lemon-X, Dr. Smoothie, and Tropics, operates a multi-site beverage manufacturing platform with three strategically located facilities across the United States. With a focus on developing new on-trend products through its in-house R&D staff, Bevolution collaborates closely with its customers to bring innovative beverage options to the market.

The acquisition of Bevolution Group is a significant milestone for Sunny Sky Products. The addition of well-respected brands like Dr. Smoothie and Tropics further enhances their existing product portfolio, offering customers a wider range of choices. The acquisition also provides new manufacturing capabilities, including hot fill technology.

W. Ashley Edens, Chairman & CEO of Sunny Sky Products, expressed excitement about the acquisition and warmly welcomed the Bevolution team to the Sunny Sky family. Edens sees Bevolution as a valuable addition that will create substantial synergies and growth opportunities for the future. He also acknowledged Highlander Partners, who played an integral role in combining multiple brands into a highly functioning and scalable business.

Matt Maimone, President of Sunny Sky Products, highlighted the strategic value of the acquisition, emphasizing the addition of clean label and preservative-free offerings to their product line. Maimone expressed confidence in the growth prospects and commitment to providing exceptional service and great tasting beverages to customers.

Michael Sherman, CEO of Bevolution and Director at Highlander Partners, expressed enthusiasm about the partnership with Sunny Sky Products. Sherman believes that the acquisition will fuel the future growth of the business. He praised the culture of Sunny Sky and expressed confidence that both employees and customers will be in good hands under the leadership of Ashley Edens and Matt Maimone.

The acquisition of Bevolution Group was supported by legal advisors Kirkland & Ellis LLP for Sunny Sky Products and Katten Muchin Rosenman LLP for Bevolution and Highlander. Hennepin Partners LLC acted as the financial advisor to Bevolution and Highlander.

About Sunny Sky Products

Sunny Sky Products, a portfolio company of TJC, is a leader in dispensed beverage solutions for the convenience store and foodservice industry. Their extensive product range includes specialty cappuccinos, frappes, hot chocolates, cold brew and iced coffee, craft beverages, fountain drinks, aguas frescas, teas, frozen slushies, smoothies, coffee syrups, creamers, sauces, and toppers. With three state-of-the-art manufacturing facilities and a dedicated team of approximately 400 employees, Sunny Sky Products is committed to providing high-quality beverage solutions. For more information, visit [www.sunnyskyproducts.com](http://www.sunnyskyproducts.com)

About Bevolution Group

Bevolution Group is a leading manufacturer of innovative beverage solutions, specializing in clean label and preservative-free products. Their offerings include smoothie bases, bar and cocktail mixes, juices, teas, lemonades, thickened waters, beverage powders, and concentrates. Bevolution serves the foodservice, hospitality, coffee shop, and convenience channels, marketing and selling products under well-known brands such as Dr. Smoothie, Tropics, Refrasia, and Lemon-X. With three manufacturing facilities across the United States, Bevolution is committed to providing high-quality beverages to its customers. For more information, visit [www.bevolutiongroup.com](http://www.bevolutiongroup.com)

About TJC

TJC is a middle-market private equity firm with a track record of investing in various industries. With a senior investment team that has been working together for over 20 years, TJC has raised significant funds to contribute to the growth of businesses. Their investments span across Consumer & Healthcare, Diversified Industrials, Logistics & Supply Chain, and Technology, Telecom & Power. Headquartered in New York, TJC has offices in Chicago, Stamford, and Miami. For more information, visit [www.tjclp.com](http://www.tjclp.com)

In conclusion, the acquisition of Bevolution Group by Sunny Sky Products marks an important milestone in the beverage industry. With the combination of their expertise and resources, Sunny Sky and Bevolution are poised to deliver even greater value and innovation to their customers. This strategic move solidifies Sunny Sky's position as a leading provider of dispensed beverage solutions and sets the stage for continued growth and success in the future.