According to a report for The Wall Street Journal, Anheuser-Busch is nearing a deal to acquire BeatBox for around $700M.
Founded in 2011 by Justin Fenchel, Aimy Steadman, and Brad Schultz, BeatBox is on pace to exceed $250M in sales this year.
Acquiring BeatBox would meaningfully expand AB InBev’s RTD cocktail portfolio which is already home to Cutwater Spirits and Nütrl.