Andrew Remlinger

Co-founder, @trysourse | Prev consumer investment banker @piper_sandler

[Andrew Remlinger @RemlingerAndrew]

@zackpaid Cook

[Andrew Remlinger @RemlingerAndrew]

@abdushodmonov @iamshackelford It’s most likely the tax shield they will get from the step-up in tax basis, not accumulated losses. Assuming this was structured as an asset or 338h10 sale, it could easily account for $200-300m based on the EV

[Andrew Remlinger @RemlingerAndrew]

@iiiitsandrea @KivaDickinson @eliweisss It’s the tax benefit. You can still take a step-up on a c-corp if it’s structured as an asset deal vs stock (or 338h10 election).

Buyers prefer asset deal structures for the tax benefit while sellers prefer stock to avoid double taxation. There are a lot of nuisances.

[Andrew Remlinger @RemlingerAndrew]

@iiiitsandrea I had an ER visit Friday as well. It’s always better to be safe, hope you’re feeling better!

[Andrew Remlinger @RemlingerAndrew]

@rishabhmjain I’d do the magnesium product. DM me your address and I’ll have samples shipped to you!

[Andrew Remlinger @RemlingerAndrew]

@gefensk 🙌 🙌

[Andrew Remlinger @RemlingerAndrew]

@gefensk Every day

[Andrew Remlinger @RemlingerAndrew]

@gefensk @heyalexfriedman @michellerenee_j @SteveMichaelsen @jingtheory @calebulf @TheWalid @PaulVoge 🫶🫶🫶

[Andrew Remlinger @RemlingerAndrew]

@gefensk fun right?

[Andrew Remlinger @RemlingerAndrew]

@mrkbdnr @AaronJNosbisch Strategic buyers, and financial buyers expectations for a strategic exit, drive this. Particularly in bev

Strategic competition also drives bidding wars - or the reverse. Look at Blue Bottle to Nestle, La colombe wanted the same multiple but JAB/others knew Nestle had their play

[Andrew Remlinger @RemlingerAndrew]

@gefensk The progress, kokkari, state bird, lolinda, mister jius, wayfare, mr pollo, flour + water to name a few. Mr pollo is tiny and books out but so good

[Andrew Remlinger @RemlingerAndrew]

@_dvniel_ @awilkinson @TrySourse We don’t do multi-vitamins, but ours are definitely treats. @grunsdaily is probably the closest?

[Andrew Remlinger @RemlingerAndrew]

@codyplof Yes!

[Andrew Remlinger @RemlingerAndrew]

@MrCeranna Distributor warehouse appointment windows are fun (and costly for retention fees if you choose the wrong carrier).

[Andrew Remlinger @RemlingerAndrew]

@iiiitsandrea Secret Aardvark hot sauce

[Andrew Remlinger @RemlingerAndrew]

@iiiitsandrea the phony negroni is so good

[Andrew Remlinger @RemlingerAndrew]

@rabahrahil To the moon

[Andrew Remlinger @RemlingerAndrew]

@gefensk we love @CoupletCoffee

[Andrew Remlinger @RemlingerAndrew]

@iiiitsandrea @TrySourse 😊