Centerview Capital has made an investment in Ole Smoky Tennessee Moonshine, through Old Smoky Distellery LLC.
Ole Smoky, headquartered in Gatlinburg, Tenn., distills moonshine. Terms of the investment were not disclosed.
The deal should allow the company to continue growing. Since its founding in 2010, the company has gone from being sold only at the distillery to being sold in 49 states.
Centerview Capital is a Greenwich, Conn.-based private equity firm that has about $500 million in capital under management. The firm is also invested in Del Monte Foods and Richelieu Foods.
Demeter Group acted as Ole Smoky’s financial adviser for the deal.