Silver Box Engaged Merger Corp Black Rifle Coffee
Black Rifle Coffee Company, a veteran-owned and operated coffee company, has recently announced its merger with Silver Box Engaged Merger Corp. The move is set to take the company public and raise capital to fuel its growth.
Who is Black Rifle Coffee Company?
Black Rifle Coffee Company was founded in 2014 by veteran Evan Hafer, who wanted to bring a high-quality coffee to fellow service members. The company is known for its strong, bold flavors and its commitment to supporting veterans and first responders.
The Merger with Silver Box Engaged Merger Corp
The merger with Silver Box Engaged Merger Corp is set to take Black Rifle Coffee public and raise capital to fuel its growth. The deal values the company at $1.7 billion and is expected to close in the second half of 2021.
What Does the Merger Mean for Black Rifle Coffee?
The merger with Silver Box Engaged Merger Corp will provide Black Rifle Coffee with the capital it needs to fuel its growth. The company has seen explosive growth in recent years, with revenue increasing by over 50% in 2020 alone. With the additional capital, Black Rifle Coffee will be able to expand its product line and reach new customers.
Why Did Black Rifle Coffee Choose to Go Public?
Going public allows Black Rifle Coffee to raise capital to fund its growth without having to rely on traditional bank loans or venture capital. It also allows the company to provide its loyal customers with the opportunity to invest in the company and share in its success.
The Future of Black Rifle Coffee
The future of Black Rifle Coffee looks bright. The company has a loyal customer base and a commitment to quality that has helped it stand out in the crowded coffee market. With the additional capital from the merger with Silver Box Engaged Merger Corp, Black Rifle Coffee is poised for even greater success in the years to come.
Conclusion
The merger between Silver Box Engaged Merger Corp and Black Rifle Coffee is a match made in heaven. Black Rifle Coffee has built a strong brand and loyal customer base, and the additional capital from going public will allow the company to continue its growth and expansion. We look forward to seeing what the future holds for this veteran-owned and operated coffee company.