Exclusive financial advisor to Saratoga Spring Water Company

KPMG Corporate Finance LLC acted as exclusive financial advisor to Saratgoa Spring Water Company

KPMG Corporate Finance LLC is pleased to announce the sale of Saratoga Spring Water Company (“SSWC” or the “Company”) to BlueTriton Brands (“BlueTriton”), an industry leader in natural spring water.

Founded in 1872 in the town of Saratoga Springs, New York, Saratoga Spring Water Company is a nationally-recognized producer of premium domestic spring water. Originally founded as Saratoga Vichy, the company began bottling the distinct natural spring waters for which the area is known.

The Company is committed to achieving growth and providing customers with the safe, high-quality, and attractive products while ensuring environmentally responsible practices and sustainable methods across operations. Today, Saratoga Spring Water is sold throughout the United States and internationally and is served in some of the world's finest restaurants, hotels, resorts, grocers, and cafeterias.

"We are thrilled to welcome Saratoga Spring Water Company's products into the BlueTriton family," said Tony W. Lee, Managing Partner of One Rock Capital Partners, LLC and a member of the Board of Directors of BlueTriton. "As a leader in the premium spring water segment, the SSWC business enables us to expand our brand offerings and access a national, upscale beverage market that will contribute to BlueTriton's strategic growth and success."

Adam Madkour, the CEO and sole shareholder of Saratoga Spring Water Company, added, "We believe BlueTriton's leadership and resources will position SSWC's products for growth while enabling the company to continue producing the high-quality, premium products we are known for. We look forward to our partnership with BlueTriton, who shares our commitment, mission and long-held philosophy of service and corporate responsibility.“

About BlueTriton Brands

BlueTriton Brands offers an extensive portfolio of highly recognizable water brands for healthy hydration, including Poland Spring Brand 100% Natural Spring Water, Splash, and Pure Life. The company also owns and operates ReadyRefresh, a customizable water and beverage delivery service. Based in Stamford, Connecticut with approximately 7,000 associates in the United States and more than 230 in Canada, BlueTriton Brands manages natural resources for long-term sustainability and conserves more than 20,000 acres of natural watershed area.

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The global Corporate Finance practice of the KPMG International network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.

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Robert Glowniak

Robert Glowniak

Managing Director, KPMG Corporate Finance LLC

+1 464-206-9342

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