Flaviar, Inc. is a global spirits e-commerce platform operating through two marketplaces (Flaviar.com and Caskers.com) and facilitating nearly a million orders annually through its network of retailers across the world. In addition Flaviar offers DtC sales through its Barcart division, and a full-service consulting agency with content production, experiential, and performance marketing solutions. Through these verticals, Flaviar fulfils its mission of powering new ways of connecting consumers with brands and Bringing Good Spirits to Life.
About the transaction:
Akur advised Flaviar as M&A advisor in the acquisition of 100% of Wine-Searcher.
Wine-Searcher, operating since 1999 and with offices in both NZ and UK, is the go-to global search engine, price comparison website and extensive database of wines and spirits.
LXi REIT plc was a closed-ended investment company, listed on the London Stock Exchange with a market capitalisation of c. £1.9 bn (as at 31 Jan 2023), providing investors with inflation-protected, sustainable income and capital growth underpinned by a secure, resilient and diversified portfolio of UK commercial property assets, let or pre-let on very long-term, inflation-linked leases, to a wide range of strong tenant covenants across a diverse range of robust property sectors. The Company was acquired by LondonMetric Property plc in March 2024.
About the transaction:
Akur provided financial modelling advice and delivery to the Company
Digital 9 invests in digital infrastructure assets to deliver a reliable, functioning internet. Its assets comprise scalable platforms and technologies including subsea fibre systems, data centres, terrestrial fibre, and wireless infrastructure. D9 is investing in those critical digital assets comprising the “backbone” of the internet.
About the transaction:
Akur acted as sole financial adviser to D9 on this equity fundraise.
State of Play Hospitality is a rapidly growing international operator of technology-enabled, premium experiential entertainment concepts. Since launching its first concept, Bounce, in London in 2012, State of Play has gone on to launch and operate several more industry leading experiential concepts in the USA and UK including AceBounce, Flight Club (operated under licence), and Hijingo.
About the transaction:
The new funding builds upon State of Play’s initial raise of more than $35m from existing investors and Bregal Partners in March 2022.
Red Engine’s investment gives it a minority stake in State of Play and Steve Moore, co-founder and chief executive of Red Engine, will join the board as a non-executive director. Red Engine is the owner of the Flight Club brand which State of Play licences in North America. Akur acted as exclusive financial adviser to State of Play on the minority investment by Red Engine.