Blue Sage Capital Invests in MHW

Livingstone’s Business & Technology Services team is pleased to announce that MHW, Ltd. (“MHW” or the “Company”) has received an investment from Blue Sage Capital (“Blue Sage”). The investment was made in June 2024, and the terms were not disclosed.

With over 90 years in the industry, MHW has built a strong reputation as the leading outsourced licensed importation, distribution, compliance and logistics fulfillment service provider in the beverage alcohol industry. Through its tech-enabled platform and mission-critical services, MHW helps its clients – growing beverage alcohol producers, including newly emerging, foreign, and domestic brand owners and brand agents – navigate the complex regulatory and compliance landscape in the United States and abroad. MHW allows emerging and established alcohol producers to access markets more efficiently and cost-effectively while allowing producers to direct resources to formulation, branding, and sales & marketing.

“We are excited to enter the next chapter of the MHW story alongside Blue Sage as we seek to continue the Company’s track record of growth. We pride ourselves on delivering the highest level of service to our clients, and we look forward to making additional investments in our team and enhancing our service offering to support our clients better,” said Ryan O’Hara, CEO of MHW.

This transaction marks the second time that Livingstone has advised on the sale of MHW.

“We are very excited to announce this transaction and pleased to have been selected to advise MHW on another successful transaction. Once again, Livingstone’s tailored and effective sale process drove a successful outcome as Blue Sage will be a great fit for MHW,” said Andrew Bozzelli, Partner at Livingstone.

Livingstone has closed nearly 20 transactions in the Business Services sector since October 2023, including Nationwide Energy Partners, Beary Landscaping, Stratus Group, and TSD Global.