Whiskey barrels symbolizing aged value and acquisition

12 — Strategy

M&A Strategy

Flight targets $1M–$50M mid-market brands — high-value brands that are too small and overlooked by major beverage consolidators.

With a robust pipeline ranging from upstart brands to well-established businesses, Flight has positioned itself as a “go-to” company in the mid-market beverage sector.

Pipeline Examples

BevCo$5M revenue
SM$7.5M revenue
NatPro$2M revenue
Hank$9M revenue

*Names of examples are pseudonyms.

These deals alone add $20M–$25M in revenue within 12–18 months.

Flight’s Model Uses

  • Earn-outs
  • Flexible structures
  • Senior debt for cash-flowing assets
  • Convertible facilities for distribution
  • 2.0x–3.0x debt/EBITDA ceiling