Ares Commercial Finance announced that it and other Ares Management credit funds have provided a $55 million senior secured revolving line of credit to Liquid Death (formally known as Supplying Demand, Inc). The Company, based in Los Angeles, California, is a premium beverage brand that sells better-for-you non-alcoholic beverages in infinitely recyclable cans. Liquid Death is known for its unique branding and entertainment-first marketing approach that has built it into the third most-followed beverage brand globally. The products are proven to be one of the only successful multi-category brands under a single brand name. As a market leader across categories, it first launched mountain water in 2019, then expanded to flavored sparkling water in 2022 and ready-to-drink tea in 2023. Proceeds from the financing will provide additional liquidity for working capital as the Company continues to expand its product assortment and distribution.
 
As one of the fastest growing non-alcoholic beverage brands, Liquid Death uses comedy and entertainment to make health and sustainability 50 times more fun. We take the healthiest things you can drink and package it into infinitely recyclable cans that compete with the fun marketing of unhealthy brands across energy drinks, beer, and junk food. Our product lines include mountain water, sparkling mountain water, sparkling flavored water, and iced tea. A portion of Liquid Death’s proceeds goes to nonprofits who are helping fight plastic pollution and bring clean drinking water to those in need. For more information on Liquid Death please visit liquiddeath.com.