Kentucky Bourbon Barrel (the “Company” and “Sellers”) has been acquired by Independent Stave Company (“ISC” and “Buyers”). Headquartered in Louisville, Kentucky, an important crossroads for the bourbon industry, the Company is a family-owned business selling high-quality, ready-for-filling used barrels to distilleries, wineries, and breweries around the world. The Company has become well-known for the quality of its used bourbon and whiskey barrels; imparting desirable aromas and flavors to a wide range of spirits.

Independent Stave Company is a dynamic, family-owned cooperage company reaching customers in more than 40 countries. Founded by the Boswell family in 1912, ISC still embraces the core values of family, innovation, community, and hard work. ISC crafts new oak barrels and other world-class cooperage products destined for the spirits, wine, and brewing industries. The acquisition of the Company by ISC will enable further support of their existing clients by providing access to sought-after, previously-filled, barrels; offering unique nuances, thanks to the original, and sometimes exotic, liquids the barrels have aged.

Tim Ratliff, President and co-owner of Kentucky Bourbon Barrel, stated, “I am excited to have found a partner who shares our vision, seeks to honor our founding principles, and brings more than 105 years of experience in the cooperage industry. We will evaluate potential for growth as we move forward, but our dedication to quality and service will remain top priority. KBB expects our clients to benefit from this partnership through greater availability and increased diversity in our product portfolio.”

Allston Advisory Group served as the exclusive financial advisor to the Sellers, Kentucky Bourbon Barrel. Allston established a valuation assessment of the Company, assisted with the Buyer’s due diligence, and facilitated the confidential sale process on behalf of the Sellers. Consequently, the transaction satisfied the Seller’s desires for liquidity and a tax-free stock exchange as well as provide employees with an established, high-growth, and well-capitalized new owner.


Allston Advisory Group, LLC is an experienced M&A advisory firm providing mergers & acquisitions, business valuations, and exit strategies, to lower middle market companies. The firm has an established track record of serving corporate clients across a broad spectrum of industries throughout the United States. Allston Advisory Group has the experience, professional fortitude, and quality of work that enable the firm to consistently deliver high-level results to its clients.

For additional information on this deal, please contact one of our advisors.


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