Lots of beer getting consumed over the past year according to North American Breweries. It is true that in a recession, ice-cream, candy and beer do very well, helping people’s waistlines grow as their stocks shrink. I guess that’s what happened with the bottom line for KPS Capital Partners, which has just conducted a dividend recapitalization of North American Breweries. This is pretty soon after creating it (in part from another InBev asset). The company did confirm they had done very well proving that there are business that do well when others are crashing.
Jacoline Loewen, (jbloewen at loewenpartners.com) is a partner in a private equity firm, Loewen & Partners, dedicated to raising capital for family business owners and developing their growth strategies.
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