TORONTO and LINCOLN, Ontario, October 6, 2025— Navigate Private Yield Fund is pleased to announce that it has financed Bench Brewing’s acquisition of the Ace Hill and Liberty Village brands from Ace Beverage Group.
This acquisition brings together three complementary brands united by a shared commitment to quality, simplicity, and community. Ace Hill offers a strong foundation in both beer and ready-to-drink (RTD) beverages with favourites like Ace Hill Pilsner and Ace Hill Lemon Vodka Soda, while Liberty Village adds a crisp, better-for-you cider presence with its flagship zero sugar Liberty Village Dry Cider. Together, these additions will broaden Bench’s reach across beer, cider, and RTD categories while maintaining the unique identities that have made each brand so well-loved.
“We are excited to be part of this new chapter of Bench Brewing’s continued growth,” says Don Bent, managing partner of Fraser Mackenzie Private Credit, Navigate’s general partner. “Matt Giffen and his team have created an outstanding company with excellent products. Bench Brewing is a model company for the current generation of entrepreneurs, continually proving that you can achieve strong growth while maintaining a carbon-neutral footprint.”
For more information about the acquisition please see Bench Brewing’s official press release Click Here
About Navigate Private Yield Fund
Fraser Mackenzie Private Credit’s NAVIGATE PRIVATE YIELD FUND makes 2 to 5 year term loans in the form of mezzanine debt to profitable, privately-owned and small-cap public companies. The Fund has a Canada-wide mandate and will look at opportunities in almost any industry. The typical profile of the Fund’s portfolio companies are those with strong stable cashflows, and which may also have an asset base that is under appreciated by its bank lender, such as a subscription base of recurring revenues, vacant land, or other assets not fully leveraged by a bank. While the Fund is sometimes the only lender to its customers, it more typically works in partnership with a bank or credit union where together they can provide a holistic solution for the borrower.
For more information about Navigate Private Yield Fund, visit fmprivatecredit.com.
For more information about Bench Brewing, visit benchbrewing.com.
