STAMFORD, Conn., November 23, 2021 – BlueTriton Brands, Inc. (“BlueTriton” or the “Company”), an industry leader in natural spring water, today announced that it has successfully completed the acquisition of certain assets of Saratoga Spring Water Company (“SSWC”), a nationally recognized producer of premium domestic spring water based in Saratoga Springs, New York.
SSWC is sold throughout the United States and delivers spring water products in premium packaging to customers in the hospitality and retail channels.
“We are thrilled to welcome Saratoga Spring Water Company’s products into the BlueTriton family,”said Tony W. Lee, Managing Partner of One Rock Capital Partners, LLC and a member of the Board of Directors of BlueTriton. “As a leader in the premium spring water segment, the SSWC business enables us to expand our brand offerings and access a national, upscale beverage market that will contribute to BlueTriton’s strategic growth and success.”
Adam Madkour, the CEO and sole shareholder of Saratoga Spring Water Company, added, “We believe BlueTriton’s leadership and resources will position SSWC’s products for growth while enabling the company to continue producing the high-quality, premium products we are known for. We look forward to our partnership with BlueTriton, who shares our commitment, mission and long-held philosophy of service and corporate responsibility.”
Latham & Watkins, LLP acted as legal counsel to BlueTriton. Financial terms of the transaction were not disclosed.
KPMG Corporate Finance served as the advisor to Saratoga Spring Water Company in the transaction.