Highlander Partners, L.P., a Dallas-based private investment firm, announced the sale of its portfolio company, Bevolution Group, to Sunny Sky Products, LLC., a portfolio company of TJC, L.P. Bevolution is a manufacturer of shelf-stable and frozen beverage products for the foodservice industry.
With manufacturing facilities strategically located in Chicago, Fullerton, Calif., and Frostproof, Fla., Bevolution is known for its three distinguished brands: Dr Smoothie, Tropics, and Refrasia, each underscoring a commitment to quality, innovation, and reliability. The company's products are sold to restaurants and bars, academic institutions, coffee houses, fitness centers, healthcare, military, hospitality, convenience store and other markets, facilitated by a broad network of beverage and foodservice distributors.