BDO recently advised the lead investor on The Naked Collective's recent €6.2 million funding round. The finance will be used for market expansion and to drive global sales growth, particularly in North America.
The Naked Collective is a carbon neutral wellness drinks company which has produced a range of healthy drinks under the Mude brand name that are low in sugar, isotonic and contain natural vitamins and minerals. It also has a range of non-alcoholic lagers under the So-Beer brand. The company is in over 4,000 stockists here in Ireland and internationally since they launched in 2019.
The BDO Corporate Finance Team advising on the deal was led by Corporate Finance Director, Richard Duffy.