Charles Russell Speechlys advises long-standing client Puma Growth Partners as it led an £11 million funding round into MOTH, a UK based drinks brand
min readCharles Russell Speechlys has advised Puma Growth Partners on its investment in MOTH, one of the UK’s fastest-growing ready-to-drink (RTD) brands. This deal will support MOTH’s continued expansion across UK retail, where it is already stocked in more than 40,000 distribution points, with a particular focus on the fast-growing convenience channel. MOTH will also continue to accelerate their US expansion, where it is outpacing the cocktail RTD category across California, Florida and Illinois.
Puma Growth Partners is a leading provider of growth capital to scale-up businesses and offers expertise to best-in-class, ambitious companies across the UK, working in partnership with management to help them scale and create long-term value. It aims to deliver insight and a fresh perspective to the portfolio companies it partners with. Having invested in, and worked with, a breadth of companies in a range of sectors from consumer e-commerce to fleet transport safety and influencer marketing, Puma Growth Partners has deep insights and experience in scaling businesses for growth and where desired, successful sale and exit.
Ben Leslie, Investment Director at Puma Growth Partners, said:
‘It is always a pleasure to work with Charles Russell Speechlys. Having collaborated on several deals over the years, their deep understanding of our business and team, combined with their strong expertise, continues to impress.’
Ayman Shehata, Corporate Senior Associate, commented:
“We were delighted to support Puma on this investment, particularly as we continue to strengthen our food and beverage sector expertise. We look forward to seeing MOTH’s continued growth in the market.”
The team was led by Corporate Partners Ashwin Pillay and David Coates, Senior Associate Ayman Shehata and Associate Anna Schwarze. The wider team included Caroline Young (Commercial), Alexander Needham (Commercial), James Yow (Intellectual Property), Tilly Whittingham (Employment) and Yusaf Malik (Corporate).