Arlington Capital Advisors (“ACA”) and The BUMP Williams Consulting Company (“BWC”) are excited to announce the formation of a new strategic alliance between the two companies, which will focus on M&A and strategic advisory services for beverage distributors.

The principals at ACA and BWC bring more than 300+ years of insights and industry experience within the beverage space and will offer a unique perspective into the modern issues and opportunities facing distributors in today’s rapidly evolving industry.

“We have worked very closely with Bump and his team for many years and are very excited to enter into this new venture together”, said JB Shireman, a strategic advisor/industry veteran and partner at ACA.

Bump Williams, President & CEO of BWC, added “I have known JB for the better part of 20 years and have always respected and valued his view and unique insights into this business. I think BWC can only become stronger and more valuable to our clients by partnering up with ACA and leveraging their expertise and deep bench of experience. It’s important to always surround yourself with people smarter than yourself and this alliance allows me to do just that.”

Many factors across the industry are heavily influencing both suppliers and retailers and therefore the
distributors who serve them. Several of these are:

The parties recognized that these factors will bring complexities and challenges not faced by any of the traditional tiers to date and will very likely dramatically reshape the landscape in the decade ahead.

“This is a uniquely compelling opportunity for us to partner with a longtime industry friend and colleague and his excellent team at BWC. We expect that this alliance will bring a new level of insight and strategic thinking to help us better serve our distributor clients” said Ryan Lake, Director at ACA.


The BWC Company opened its doors on October 15, 2008 and has been operating as a strategic industry consultant to Bev-Alc/Non-Alc Manufacturers, Retailers, Distributors, Wall Street/PE Firms, Packaging Companies and Importers from around the world. The BWC Company’s portfolio of services focus on turning data into insights, better understanding consumer purchase behavior, the impact of pricing and promotion on sales, M&A, developing new product launch strategies, Retail and National Account tactics, Distributor assessment, alignment and Portfolio Innovation.

Arlington Capital Advisors is a leading investment bank focused on providing businesses in the consumer sector with financial and strategic advisory services, including sell-side and buy-side M&A advisory, sourcing growth capital and other capital-centric strategic alternatives. Securities are offered through its affiliate, Arlington Capital Services, LLC, member FINRA/SIPC.

ORLANDO, Fla. –  Another Broken Egg, an Orlando-based operator and franchisor of southern-inspired daytime cafes owned by an affiliate of The Beekman Group, a leading private equity firm, announced that it has closed on a New Senior Secured Term Loan Facility provided by Comvest Credit Partners that was used to facilitate a Dividend Recapitalization of the Company, fund future corporate café growth and support accelerated franchisee system development and remodeling. Arlington Capital Advisors served as exclusive financial advisor to Another Broken Egg, a portfolio company of The Beekman Group.

Read the full press release from Another Broken Egg.

Another Broken Egg

Dividend Recap from
2021

Birmingham, AL December 1, 2021  Arlington Capital Advisors, a leading consumer-focused investment bank, announces it has hired Stephan Pietge as a Managing Director.  

Stephan joins Arlington’s beverage team and will be focused on driving forward the firm’s leadership position internationally.

“We are excited to have Stephan join the Arlington team to strengthen our international beverage business and leverage our strong deal momentum,” said Vann Russell, Arlington’s Founder and Managing Director.  

“Stephan’s deep industry knowledge and relationships in the sector are a great complement to our beverage team. His addition to the leadership in our beverage practice will further solidify Arlington’s position as a trusted advisor to leading consumer brands globally.” 

“Arlington’s leadership position, relationships, passion and reputation in the high growth premium beverages sector were key factors in joining the team,” said Stephan.  “Arlington’s existing platform and unparalleled success in the premium beverage sector provide a great opportunity to further expand the firm’s business internationally.” 

Prior to joining Arlington, Stephan was a Managing Director in the European Consumer team at Deutsche Bank where he primarily focused on the beer industry as well as other food & beverage categories. 

Stephan has 18 years of investment banking experience and has completed numerous M&A, equity and debt capital market transactions.  Stephan graduated from Napier University in Edinburgh, Scotland. 

He will divide his time between London and Zurich and can be reached at +44 7500860477 (UK) or +41 782218248 (CH).  His email address is stephan@arlingtoncapitaladvisors.com.

Arlington Capital Advisors is a leading investment bank focused on providing businesses in the consumer sector with financial and strategic advisory services, including sell-side and buy-side M&A advisory, sourcing growth capital and other capital-centric strategic alternatives.  Securities are offered through its affiliate, Arlington Capital Services, LLC, member FINRA/SIPC. 

DALLAS – November 30, 2021 – Velvet Taco, the popular Dallas-based restaurant concept serving up globally inspired tacos, today announced that Leonard Green & Partners, L.P. acquired a majority stake in Velvet Taco from L Catterton, the largest global consumer-focused private equity firm, and FB Society (formerly Front Burner Restaurants), which spearheaded the creation of Velvet Taco ten years ago. L Catterton and FB Society will retain significant minority ownership stakes in the business. Arlington Capital served as the exclusive financial advisor to Velvet Taco in the transaction.

Read full press release from Velvet Taco

Velvet Taco

receives significant investment from
2021

November 10, 2021 – Bell’s Brewery founder, Larry Bell announced that he has reached an agreement with Lion, an Australian based brewer, for the sale of Bell’s. Lion acquired Colorado’s New Belgium Brewing in 2019. The move will see the Michigan-based craft brewer come together with New Belgium – aligning two great American craft brewers.  Arlington Capital Advisors served as a financial advisor to Bell’s Brewery in the transaction.

Read full press release from Bell’s

Bell’s Brewery, Inc.

to be acquired by
2021

Oct. 11, 2021 — BurgerFi International Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” ), the owner of one of the nation’s fastest-growing premium fast-casual concepts through the BurgerFi brand, announced today that it has entered into a definitive agreement to acquire Anthony’s Coal Fired Pizza & Wings (“Anthony’s”) from L Catterton for approximately $161.3 million. Arlington Capital Advisors served as a financial advisor to Anthony’s in the transaction.

Read full press release from BurgerFi

Anthony’s Coal Fired Pizza & Wings

has been acquired by
2021

The purpose-driven, values-based, socially conscious, tech-enabled national moving and junk removal franchise College HUNKS Hauling Junk & Moving® recently accepted minority investments from Susquehanna Private Capital (Susquehanna) along with two former International Franchise Association (IFA) Chairs- David Barr and Shelly Sun.

Read full press release from College HUNKS

College HUNKS Hauling Junk & Moving

has received an investment from
2021

Propelled Brands, the corporate umbrella of FASTSIGNS International. Inc., which is the franchisor of FASTSIGNS®, the leading sign, graphics and visual communications franchise, and NerdsToGo®, an emerging IT services franchise brand, today announced its acquisition of Suite Management Franchising, LLC. Suite Management Franchising, LLC (“SMF” or the “Company”) is the parent company of  MY SALON Suite® and Salon Plaza®, two rapidly-growing salon suite franchisors.

Read full press release

Suite Management Franchising

has been acquired by
2021

Birmingham, AL – Arlington Capital Advisors, a leading consumer-focused investment bank, announces it has hired Dai Truong as a Managing Director. Dai will be focused on growing Arlington’s presence in the cannabis industry, building upon its recent sale of SweetWater to Aphria.

“I am excited to join Arlington given its singular focus on the consumer sector and impressive track record advising premium brands. Arlington’s existing platform provides a strong base for growth and success in the Cannabis industry,” said Truong.

“Dai’s addition to the Arlington team will help us accelerate our focus on the cannabis industry,” said Vann Russell, Arlington’s founder and Managing Director. “Dai has built a strong network and his deep relationships and focus will help our team tremendously. The cannabis industry is seeing and will continue to see a significant amount of growth, mergers and acquisitions and we look forward to serving premium brands in the industry.”

Prior to joining Arlington, Dai served as VP Corporate Development for Left Coast Ventures, a diversified cannabis and hemp company specializing in cultivation, manufacturing, brand development and distribution. Prior to Left Coast Ventures, Dai held various corporate development and investment positions at MedMen, Anheuser-Busch InBev, Austin Ventures and Bank of America Merrill Lynch. Dai graduated from the University of California, Los Angeles (UCLA).

In addition to Dai, Arlington is adding two new analysts to its team this summer: Sam Choi and Michael Lee. Sam is a recent graduated from Washington & Lee University and Michael joins the firm from Auburn University.

Arlington Capital Advisors is a boutique investment bank that specializes in providing businesses in the consumer sector with financial and strategic advisory services. Arlington focuses on providing strategic advice to its clients, including sell-side and buy-side mergers and acquisitions, sourcing growth capital and other capital-centric strategic alternatives. Securities offered through its affiliate, Arlington Capital Services, LLC, member FINRA/SIPC.

Orem, UT – May 7, 2021 Kneaders Bakery & Cafe (“Kneaders”, “the Company”), a Utah-based, fast casual bakery and café concept, announced that it has received a significant investment from Garnett Station Partners that will enable Kneaders to refinance its existing debt. Terms of the transaction were not disclosed.

Kneaders Bakery & Café was founded in 1997 by Gary and Colleen Worthington as a way to serve their community through delicious, scratch made breads, sandwiches, salads, soups and pastries. Kneaders restaurants are made to provide guests with a comfortable, inviting place to spend time with family and friends while enjoying unique creations made with the highest quality ingredients. Guests can enjoy Kneaders at any time of day from the signature Chunky Cinnamon French Toast in the morning to a crisp salad at lunch to hearty soup and sandwich for dinner…and a decadent pastry at any time of day. In addition to serving their valued guests, the Kneaders team also strives to enhance the lives of their crew members and the communities where they live. It’s not just about delicious bread, although that does make everything better.

The Company currently operates 54 locations across Arizona, Colorado, Nevada, New Mexico, Texas, and Utah and operates an adaptable business model that has proven successful in both on- and off-premise with drive-thru windows in almost all locations and a revamped mobile app for convenient online ordering that allowed Kneaders to quickly pivot and see early success in the new COVID-19 business environment.

Howard Norowitz, Partner and Head of Debt Capital Markets at Garnett Station, said, “We are extremely pleased to be partnering with the Kneaders team to provide access to capital and to help them grow and realize their full potential.”

“We are delighted to have served as advisor for Kneaders,” said Bill Kraus, Managing Director at Arlington Capital Advisors. “This is a tremendous outcome for an extremely strong brand, and we look forward to following the company as it continues to grow across the region.”

Principals of Arlington Capital Advisors served as exclusive financial advisors to Kneaders Bakery & Café, acting as registered securities agents of Arlington Capital Services, LLC, member FINRA / SIPC.

About Kneaders Bakery & Café
Kneaders Bakery & Café was founded by Gary and Colleen Worthington in 1997 in Orem, Utah. It’s an award-winning, fast-casual restaurant that uses only the highest quality ingredients to create fresh European hearth bread, delicious sandwiches, mouth-watering pastries, hearty soups, and refreshing salads, all made in-house each day. All Kneaders restaurants have a retail section and offer a variety of custom-made and themed gift baskets in addition to providing catering services. Kneaders Bakery & Cafe currently operates locations in six states. For more information, visit www.kneaders.com.

About Garnett Station Partners
Founded in 2013 by Managing Partners Matt Perelman and Alex Sloane, Garnett Station Partners manages more than $750 million of capital and focuses on growing franchised, consumer and services businesses. The firm has established a strong track record of partnering with franchisors, founders, and experienced management teams to enhance growth and build value.
For more information on Garnett Station Partners, visit www.garnettstation.com.

About Arlington Capital Advisors
Arlington Capital Advisors is a boutique investment bank that specializes in providing middle-market businesses with advisory services. Arlington focuses on providing strategic advice to its clients including sell-side and buy-side mergers and acquisitions, sourcing growth capital, minority recapitalizations, debt raises and other capital-centric strategic alternatives for businesses across a wide array of industries with a specific focus and expertise in consumer businesses. Securities offered through Arlington Capital Advisors Services, LLC.
For more information on Arlington Capital Advisors, visit www.arlingtoncapitaladvisors.com.

Kneaders Bakery & Cafe

has received an investment from
2021