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Frazil acquires Berkeley Street Beverage assets

Sep 11, 202524 days ago

Acquiring Company

Frazil

Acquired Company

Berkeley Street Beverage

Salt Lake CitySanta MonicaFood and BeverageFood and Beverage

Description

Frazil has announced the acquisition of key assets from Berkeley Street Beverage, enhancing its presence in the Southern California frozen beverage market. This strategic asset acquisition allows Frazil to serve more customers directly and enhances its operational capabilities. Berkeley Street Beverage is known for its strong customer relationships and local expertise, which Frazil seeks to build upon.

Company Information

Company

Frazil

Location

Salt Lake City, Utah, United States

About

Frazil is the #1 slush brand in the United States, operating over 50,000 machines across convenience stores, movie theaters, QSRs/LSRs, amusement parks, water parks, stadiums, and family entertainment centers nationwide. Known for its signature texture and bold, vibrant flavors, Frazil has redefined the frozen drink experience, making it a go-to choice for fun-seekers and beverage lovers alike. In addition to its award-winning Frazil slushies, the company also offers the popular Café Tango frozen coffee beverage, delivering a variety of exciting options to satisfy every palate. From convenience stores to schools, Frazil is committed to bringing smiles and refreshing experiences to customers across the country.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed