October 23, 2023, Napa, Calif.— Napa Valley-based Azur Associates, a leader in comprehensive fine-beverage consulting and M&A advisory, served as the exclusive advisor for Natural States Distributing Company of Fayeteville, Arkansas in their transaction with Republic National Distributing Company, a top beverage alcohol distributor operating in the District of Columbia and 39 states across the United States.
Natural State Distributing Company is a full-service distributor of wine, spirits, and beer within the state of Arkansas focused primarily on craft and luxury brands.
Ed LeMay, principal of Azur Associates, commented on the transaction, “We were honored to serve as exclusive advisor on the sale of Natural State Distributing and related assets. Republic National Distributing Company is the ideal steward to lead the team at Natural State and service the supplier base as well as retail and restaurant clients within Arkansas into its next chapter of growth.” Dale Straton, Managing Director of Azur Associates added, “It was a pleasure working with the Natural State and RNDC teams to arrive at a solution that benefits both companies and their employees.”
Founded in 2004, Natural State Distributing Company has served as a distributor of high-quality wine, spirits and beer throughout the state of Arkansas. Natural State has been seen as the go to partner for restaurants and retailers seeking wines and spirits of the highest quality. These customers have been serviced by a team of qualified professionals who possess extensive category, market, and product knowledge.
About Azur Associates
Based in the Napa Valley, Azur Associates is a leader in comprehensive fine-beverage consulting and M&A advisory. The firm has served as a consultant or strategic advisor on numerous transactions for world-class fine-beverage companies. Partnering with clients to address their needs and achieve their vision through financial and strategic planning, mergers and acquisitions, business intelligence, and route-to-market plans, the Azur team has extensive strategic and operational experience behind its team of associates, as well as its C-suite level advisors. The firm offices are based in Napa, California. To learn more about Azur Associates please visit www.azur-associates.com