American Harvest and Beach Whiskey have been sold to Darco Capital, the family office for David Adelman, and will form the basis for 1776 Spirits Co., which will be based in Philadelphia. Terms weren’t disclosed.
Adelman is a Georgia lawyer who served as ambassador to Singapore under President Barack Obama and now practices law in New York City.
Rebecca Running will serve as CEO of 1776 Spirits. She has more than 30 years of distributor management experience, most recently, serving as President and General Manager for Los Santo International, and other senior management positions across Young’s Holdings, and Moet Hennessy USA.
“American Harvest Vodka is poised to appeal to today’s market of thoughtful, value-driven individuals. I see this fully American-made, award-winning, USDA certified organic spirit that can compete strongly with other American vodka incumbents and attract consumers with its distinctly smooth and silky profile that finishes with a crisp, clean taste,” Running said.
“Meanwhile, Beach Whiskey will attract a younger demographic that’s culturally diverse, female-forward, and passionate about an active outdoors lifestyle and provide them with a product that’s the perfect complement to daytime and nighttime drinking experiences,” she added.