Part Time Rangers

Category - Food and Beverage - Alcohol

Oliver Deane -CEO & Founder

“When we first started out we talked to a lot of people but they weren’t really interested. Dave gave us the time, listened and provided actionable practical advice. Two and a half years later we had sold the business to a $30b international corporate, Dave was with us every step of the way”

Part Time Rangers (“PTR”) sells low sugar, premixed spirit RTDs and donates a percentage of profits to conservation charities. PTR launched in July 2018, the proposition resonated with consumers and within two and a half years PTR was one of the top 10 RTD brands in NZ and was acquired by a large American corporate, Brown Forman in December 2020.

Dave and Sarah both partnered with the company pre revenue, making up two thirds of the original advisory board. Dave worked with them from conception to completion of the sale including becoming a Director of the company. Advice provided:

  • Led strategic planning

  • Developed and evolved the business model to manage growth

  • Negotiated distribution and manufacturing agreements

  • Implemented management processes (new product development stage gate process, sales and operational planning framework, management prioritisation and board reporting) with a focus on strategy execution and growth management

  • Led capital raising process from start to finish

  • Partnered with Toby Groser to sell the business in a process that spanned COVID lockdowns and involved multiple international buyers      

Previous
Previous

Otis Oat Milk - Capital Raise, Management Processes

Next
Next

JUCY - Business Restructure