NexPhase Capital Finalizes Sale of Leading Cocktail Mix Brand Zing Zang to Mizkan America
NexPhase Capital Finalizes Sale of Zing Zang
On July 10, 2025, NexPhase Capital, LP, a private equity firm known for its operational focus and strategic investments, announced the successful sale of Zing Zang, LLC to Mizkan America, Inc. This marks a significant milestone for Zing Zang, a leader in the non-alcoholic cocktail mix market, celebrated for its premium products and bold flavors. Although the terms of the deal were not disclosed, this acquisition signals a promising new chapter for the brand.
Founded in 1997 and based in Chicago, Zing Zang has risen to prominence in the U.S. beverage landscape, known for its diverse range of mixers, including varieties like Bloody Mary, Margarita, and Piña Colada. The brand's products are widely available, with a distribution network reaching over 300,000 retail and foodservice locations nationally. Under NexPhase’s guidance, Zing Zang has transitioned from a single-product company to a diversified leader in the cocktail mix category.
NexPhase acquired Zing Zang in 2016, and since then, the company has undergone a revolutionary transformation. Investment in an in-house sales team and the establishment of a new distribution network have been pivotal in expanding the product lineup and addressing consumer needs. This evolution saw the launch of several new formats and flavors aimed at enhancing user experience while also reducing environmental impact through improved packaging.
Brent Albertson, the CEO of Zing Zang, expressed enthusiasm for this transition to Mizkan, indicating that NexPhase’s strategic partnership had significantly aided the brand’s growth. He highlighted how the team had successfully introduced innovative products while maintaining Zing Zang's commitment to quality and customer satisfaction. “We are thrilled for the next chapter with Mizkan and thankful to NexPhase for their unparalleled support throughout this journey,” he stated.
Jamie Kaufman, a partner at NexPhase and the firm’s Head of Consumer, commended the Zing Zang team for their efforts in helping to build a category leader. Through a focus on national distribution and supply chain optimization, Zing Zang has effectively catered to a growing audience of cocktail enthusiasts. “It has been a privilege supporting Zing Zang’s journey, and I’m confident that under Mizkan’s ownership, they will continue to thrive,” Kaufman commented.
Jefferies served as the exclusive financial advisor to Zing Zang, while Choate, Hall & Stewart LLP acted as legal counsel. Mizkan was advised by Spayne Lindsay & Co. for financial matters and Latimer LeVay Fyock LLC handled their legal needs.
About NexPhase Capital
NexPhase Capital specializes in control investments in lower middle-market companies with a growth focus. The firm aims to partner with businesses poised for expansion and assists them in navigating complex market challenges. With experience stretching over 15 years, NexPhase is known for its careful selection in the healthcare, software, and consumer sectors. Since inception, it has raised and managed approximately $2.6 billion in capital.
About Zing Zang®
Zing Zang is renowned in the U.S. for being the leading Bloody Mary brand and a top choice in the non-alcoholic cocktail mixes category. With an expansive product range that includes everything from premium Bloody Mary Mix to a variety of Margaritas, Zing Zang remains committed to quality by utilizing real fruit juices and natural sweeteners, steering clear of high-fructose corn syrup. The brand continues to innovate and cater to the diverse tastes of its loyal consumer base, ensuring it stays at the forefront of the cocktail mix industry.
For more insights on NexPhase Capital’s successful ventures and Zing Zang’s exciting future, continue following updates in the beverage industry.