Deals & Cases

Polsinelli Represents Leisure Hydration on its Oversubscribed Series A Financing

Polsinelli congratulates its client Leisure Hydration  (leisureproject.co), on its oversubscribed Series A Financing. Leisure Hydration has quickly emerged as a standout in the new-age beverage landscape, bringing a lifestyle-positioned brand into what they are calling a new “modern hydration category.” The brand’s unique focus on delivering mind and body benefits for the everyday person differs from the traditional sports performance-focused brands in the category.

The financing was led by Midnight Venture Partners, with participation from Asahi Group Beverages & Innovation, LLC (AGBI), Doss Cunningham, Greg LaVecchia, Brian Goldberg and Mike LaVitola, among others. The Series A capital will be used to accelerate key areas of growth, including team expansion, retail growth and brand refresh.

More information about the financing can be obtained here.

The Polsinelli Venture Capital and Emerging Growth Companies team involved in the transaction included Adam Greene, David Cykiert, Nicola DeVita, Blair Wigney and Cole Anthony.