Winston Advises Apogem Capital as Lead Investor in Encore Consumer Capital's Continuation Vehicle for Lion Beverages, LLC

A team led by Alex Roggio, Brad Mandel, and Marianna Wonder represented Apogem Capital as lead investor in connection with Encore Consumer Capital’s single-asset continuation vehicle for Lion Beverages, LLC, a premier full-service contract manufacturer of specialty beverages. The transaction builds on Apogem’s growing track record of anchoring GP-led secondary transactions for high-conviction middle market companies. The continuation vehicle closed with over $150 million in commitments, providing liquidity to Encore Fund III limited partners while supporting Lion’s continued expansion.