Encore Consumer Capital has completed the sale of its portfolio company, Juice Tyme Inc.
August 19/San Francisco/Business Wire -- Encore Consumer Capital, a private equity firm that invests exclusively in leading consumer products companies, has completed the sale of its portfolio company, Juice Tyme Inc., a manufacturer and marketer of shelf-stable, bag-in-box juice and beverage concentrates for use in foodservice dispensing machines, to Highlander Partners, L.P.
Scott Sellers, managing director of Encore Consumer Capital, said, “This is a bittersweet day for Encore. We are pleased with the successful exit of Juice Tyme and feel that Highlander will be a great partner to carry the company forward. However, we will miss working with Juice Tyme’s talented and dedicated management team. It has been a pleasure working with them as they led the company through significant growth, two dividend recapitalizations and an expansion of the company’s manufacturing facility.”