Suja Life Acquisition | Consumer Deal in CA

Suja Life has commenced its initial public offering of Suja Life, a food beverage retail business in California, for an expected $21.00 to $24.00 per share. Suja Life operates in the consumer food and beverage retail market, selling packaged products through retail channels based in Oceanside, CA. The IPO proceeds are intended to fund Suja Life acquisition activity, including a food beverage retail acquisition and other acquisition opportunities tied to Holdings LP. As a strategic consumer M&A platform, Suja Life plans to use net proceeds to acquire newly issued and existing LP units, repay credit agreement borrowings, and cover IPO-related expenses. The company has filed an SEC Form S-1 and applied to list its Class A common stock on Nasdaq Global Select Market under ticker SUJA, with Goldman Sachs, Jefferies, and William Blair as joint lead bookrunning managers.