About This Deal

The Middleby Corporation acquired JoeTap, a transaction announced in April 2018, structured as Acquisition.

JoeTap operates in Commercial Foodservice, is based in United States. JoeTap, a subsidiary of A.C. Beverage, Inc., is an innovator of on-demand nitro and cold brew coffee dispensing equipment for commercial foodservice. Middleby acquired it to expand beverage dispensing.

Adds nitro/cold-brew coffee dispensing to Middleby's beverage platform.

Deal Terms

Acquirer
The Middleby Corporation
Target
JoeTap
Value
Not disclosed
Date
April 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Commercial Foodservice
Structure
Acquisition
Announced
April 16, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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