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Westlake Securities Advises on Sale of Drafft Root Beer News provided by Share this article Share this article AUSTIN, Texas, Feb. 2, 2021 /PRNewswire/ Westlake Securities, Austin’s leading middle- market investment bank, announced today that it served as the exclusive M&A advisor in the asset sale of Dallas-based beverage company, Drafft Root Beer, Inc. (the “Company”). Drafft Root Beer, Inc., a multi-generational family-owned business founded in 1969, is a premium beverage business that specializes in the manufacturing and co-packing of beverage concentrates, mixes and syrups. The Company will join the growing family of consumer- packaged goods businesses developed and managed by Rockport Ventures including Strange Land Brewery, Greenbelt Kombucha, Texas Saké Company and Sneaky Chef Foods. ....