Liquid Death hires Goldman Sachs for IPO
Canned water brand Liquid Death has reportedly hired Goldman Sachs to prepare for a potential initial public offering in 2024.
The deal could hit the market next spring, according to a report on the Information.com.
The beverage company describes itself as “the first bold, hilarious beverage focused on health and sustainability”.
Liquid Death has become something of a social media phenomenon, amassing more followers on Instagram than Pepsi.
One of the brand’s slogan’s is ‘death to plastic’ with over 70% of the aluminium in its cans come from recycled metal.
It was also brand valued at $700 million in a $70 million financing round led by Science Ventures last year.