Black Rifle Coffee Company, a premium coffee company founded to support Veterans, active duty military and first responders, will go public via a business combination with SilverBox Engaged Merger Corp I, which is sponsored by SilverBox Capital LLC and Engaged Capital LLC.
The combination will provide a source of long-term returns as well as a catalyst for positive impact within the veteran and first responder communities.
The SilverBox team focuses on balancing urgency and selectivity throughout its investment screening process. The firm evaluated around 200 merger candidates before falling on Black Rifle Coffee Company.
“From the time I was a one-man operation in my garage with nothing more than a 1-pound roaster, I wanted to use coffee as a means of bringing people together around the common idea of honoring those who serve this great nation,” said Evan Hafer, CEO and founder of Black Rifle Coffee Company.
“When SBEA went public earlier this year, we made a commitment to our investors and partners to identify a fundamentally sound business with high-integrity leadership and a strong growth trajectory,” added Joe Reece, executive Chairman of SBEA. “We have made good on that commitment by entering into this merger agreement with BRCC.”