Investments
Alliance Entertainment
Blystone & Donaldson's sponsorship of Adara Acquisition Corp., which was organized as a blank check company, was announced in November 2020. Adara's efforts to identify a target business spanned many industries and regions worldwide, it focused its search for businesses that complement the experience of its directors and management team acquiring and operating businesses in the consumer brands and consumer products industry and related sectors. On February 10, 2023, Adara and Alliance Entertainment completed their merger, which valued Alliance Entertainment at approximately $480 million.
Legion
Since opening in 2015, Legion Brewing has become one of the most well-known breweries in the Carolinas. The insatiable thirst for Legion’s signature Juicy Jay IPA and other brews has driven it to open its newest production facility in 2022 to help sustain its growth into the future. Blystone & Donaldson invested in Legion in 2020. Legion is headquartered in Charlotte, NC.
The Olde Mecklenburg Brewery
For over a decade, OMB has been the perfect combination of Southern hospitality and classic German brewing tradition in Charlotte, NC. It's spacious nationally recognized biergarten is the perfect spot to enjoy a pint of their handcrafted beers made according to the Reinheitsgebot tradition.
Blystone & Donaldson invested in OMB in 2023.
American Power Products
American Power Products is focused on developing technology and innovation in the manufacturing of battery operated outdoor equipment and is based in Denver, North Carolina. Blystone & Donaldson made it’s investment in Group 6 Holdings, Inc., the corporate parent of American Power Products in fall of 2018.
American Power Products, includes TorquePower and EDGE products, which are high quality, light weight, powerful, durable and environmentally friendly.