Alliance Creative Group (ACGX) Becomes an Equity Partner of the Coastal Spritz Brand
ACG will provide strategic consulting services and financial support
CHICAGO, June 13, 2023 (GLOBE NEWSWIRE) -- via IBN - Alliance Creative Group, Inc., (http://www.ACGX.us) (Stock Symbol OTC: ACGX) is pleased to announce the completion of an equity partnership, consulting, and financing agreement related to the Coastal Spritz brands.
Coastal Spritz (https://coastalspritz.com/) is a low ABV premium light wine in a can. Coastal blends a carefully sourced selection of West Coast rose and wine varietals with sparkling water and real fruit juice to create a single serving ready to drink (RTD) wine in a can.
The Award winning Coastal Spritz brand provides 6 flavors: Classic Rosé Spritz, Pineapple Rosé Spritz, Watermelon Rosé Spritz, Pinot Noir, Chardonnay, and Sauvignon Blanc. All products are 100 calories or less, 5 grams of sugar or less, and contain all natural ingredients. The rosé collection is sweetened with monk fruit to provide a cleaner and more enjoyable drinking experience without compromising on taste or quality
The Coastal Spritz brand is growing fast and gaining momentum. Currently, Coastal can be found in over a dozen states and in over 1,000 stores. Some retailers include: Costco, HEB, Jewel Osco, Meijer, Liquor Barn, and lots more as well as GoPuff and SpiritHub online. The product can also be found in iconic venues such as Wrigley Field, The Grand Ol' Opry, and The Philadelphia Zoo.
ACG is now a strategic equity and consulting partner that will help Coastal expand the current business while evaluating new potential opportunities. ACG will also provide some financial support while continuing additional conversations with other potential partners to execute the overall business plans.
Paul Sorkin, CEO of the Alliance Creative Group, Inc. said, "This opportunity was a natural fit for our shared resources model. It allows us to leverage many existing relationships and let us attempt to integrate additional strategic opportunities to add to our foundation. We believe this could open up potential conversations for us to elevate other ways to create long term value for our shareholders, investors, and partners in the long-term."
About Alliance Creative Group, Inc.
Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a Parent Holding Company on the OTC market. The strategy ACG intends to deploy is a shared resource model where internal divisions, portfolio companies and strategic investments are vertically integrated, optimizing efficiencies and cost savings. ACG will apply some of its resources towards diversified classifications of real estate with a strong focus on distressed assets and healthcare. ACG will leverage its internal construction company to provide services while looking for some distressed value-add projects and opportunities. The remaining resources may be applied to a mix of early-stage equity investments in companies that synergize with the company's shared resource model and secured investment opportunities. ACG's strategic mission is to utilize a unique blend of capital, relationships, experience, and secured investment structures to increase value for its clients, partners, investors, and shareholders while reducing the overall risk. The company's big picture long term plan is to create an ecosystem of shared resources that can provide quality resources with reduced expenses while acting as a partner for internal projects. The intent is to have multiple businesses and investment projects or divisions to help diversify the risk and generate potential revenue in multiple ways while leveraging both the private and public markets. For more information, visit www.AllianceCreativeGroup.com or www.ACGX.us.
About PeopleVine
PeopleVine is a Software as a Service (SAAS) company that specializes in serving the Lifestyle Hospitality industry. The Member Experience & CRM Software allows luxury hotels, resorts, and private member clubs to elevate a more personalized online membership experience. PeopleVine helps their clients build member communities, drive engagement, and connect the dots that elevate experiences and revenues. The software empowers its clients teams to deliver efficiently managed operations through an integrated platform. PeopleVine is committed to being the most essential and adaptive SaaS engagement platform for companies that take a customer centric approach to business.
For more information www.PeopleVine.com
About Coastal Spritz
Coastal Spritz (https://coastalspritz.com/) is a low ABV premium light wine in a can. Coastal blends a carefully sourced selection of West Coast rosé and wine varietals with sparkling water and real fruit juice to create a single serving ready to drink (RTD) wine in a can. The Award winning Coastal provides 6 flavors: Classic Rosé Spritz, Pineapple Rosé Spritz, Watermelon Rosé Spritz, Pinot Noir, Chardonnay, and Sauvignon Blanc. All products are 100 calories or less, 5 grams of sugar or less, and contain all natural ingredients. The rosé collection is sweetened with monk fruit to provide a cleaner and more enjoyable drinking experience without compromising on taste or quality. The Coastal Spritz brand is growing fast and gaining momentum. Currently, Coastal can be found in over a dozen states and in over 1,000 stores. Some retailers include: Costco, HEB, Jewel Osco, Meijer, Liquor Barn, and lots more, as well as GoPuff and SpiritHub online. We can also be found in iconic venues such as Wrigley Field, The Grand Ol' Opry, and The Philadelphia Zoo, where we continue to captivate wine enthusiasts who are looking for a refreshing and convenient beverage choice.
For more info: www.CoastalSpritz.com
This news release contains forward-looking statements as defined by the bespeaks-caution doctrine. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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