SALT LAKE CITY, UT — Swig, Home of the Original Dirty Soda™, announced that Utah icon the Larry H. Miller Company (the LHM Company) has acquired a majority stake in Swig from Savory Fund, a leading private equity firm focused on emerging food and beverage concepts. Savory Fund purchased the beverage brand in 2018, and in the last two years, it has more than doubled its footprint. Savory Fund, Swig founder Nicole Tanner, and partners Chase Wardrop and Dylan Roeder will each retain significant minority stakes in the business. Arlington Capital Advisors served as exclusive financial advisor to Swig in the transaction.
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Swig
has sold a majority stake to
2022