Tiger Pacific Capital Invests $25M in B9 Beverages, Eyeing Pre-IPO Growth and Global Expansion
Private equity fund Tiger Pacific Capital has marked a significant milestone in the beverage industry by acquiring a nearly 4% stake in B9 Beverages, with a $25 million investment.
The investment by Tiger Pacific Capital is lauded as a pivotal development for B9 Beverages, bringing on board a crossover fund investor for the first time. Ankur Jain, the Chief Executive of B9 Beverages, highlighted the significance of this partnership, emphasizing the diverse and strategic nature of their capital table. With partners and financial sponsors spanning Japan, New York, and India, B9 Beverages is poised to leverage vast capital pools and business opportunities across key global markets. Jain, while reticent about specific IPO plans, underscored the investment’s role in strengthening the company’s capital foundation and expanding into new investor territories, particularly focusing on pre-IPO companies and listed securities.
