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Mission Woods private equity fund sells portfolio company for $78.5M

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Mission Woods-based private equity firm Great Range Capital LLC sold The Mountain Valley Spring Water Co. to a subsidiary of Cott Corp. for $78.5 million. Based in Hot Springs, Ark., Mountain Valley is the oldest continuously operated bottled water company in the U.S. Founded in 1871, its headquarters is on the National Register of Historic Places. Its product comes from a single natural artesian spring, surrounded by 2,000 acres of company-owned protected forest. The spring is part of a granite-based…

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