December 23, 2019 – Broadtree Partners announced today the acquisition of CanSource. Headquartered in Longmont Colorado, CanSource is one of the nation’s largest suppliers of shrink-sleeved cans to craft beverage businesses across the beer, wine, spirits, energy drinks, coffee, kombucha and CBD industries.
“CanSource has a vast national footprint and supports every can size our customers need, but it’s the company’s people and customer service that sets it apart,” said CanSource CEO, Paige Sopcic. “An expert team from Sales, through Design and Production ensure that customer success is at the heart of every decision we make.”
Founded in 2011, today hundreds of customers coast-to-coast trust CanSource to deliver a high-quality product with dependable service and low minimum orders.
“Our customers operate in increasingly competitive markets. Our mission is to make certain their products stand-out on the shelf with distinguished brands and compelling designs,” said Dan Reese, general manager of CanSource. “Customers need a partner that understands their business and the criticality of quality and on-time delivery.”
“We have built lasting relationships with our customers by offering quality products, expertise, available inventory and reliable delivery,” said CanSource founder Pat Hartman. “Broadtree Partners shares our commitment to serve the craft beverage community and our conviction in the future growth of cans!”
Ms. Sopcic said Broadtree Partners will support CanSource’s long-term ambitions. “We plan to continue growing the business and team, with an emphasis on serving new markets and delivering more value to our current and future customers,” Ms. Sopcic added.
CanSource founders, Pat Hartman and Ron Popma, will advise CanSource as part of the Board of Directors. They will also be focused on growing the other businesses they’ve founded, Vertical Distilling and Vertical Wineries, contract beverage manufacturers for canned ready-to-drink and wine products.
About Broadtree Partners
Broadtree Partners is a private equity firm consisting of entrepreneurial investors focused on acquiring and growing lower-middle market businesses. For more information, visit www.broadtreepartners.com.
CanSource is a can supply solution for the craft beverage space. With four production facilities located strategically across the nation, CanSource delivers Just Enough and Just in Time inventories for craft beverage producers. For more information, visit www.cansource.com or follow the company on Instagram @CanSourceCo