NEW YORK, August 13, 2026 – Proskauer advised Monogram Capital Partners ("Monogram") on the closing of a single-asset continuation vehicle for Mountaintop Beverage ("Mountaintop"), a scaled manufacturer of low-acid aseptic and extended-shelf-life (ESL) beverages. The transaction transfers Mountaintop from Monogram’s Fund II into a newly formed continuation vehicle led by Apollo S3.

Monogram is a Los Angeles-based private equity firm investing in family-held and founder-led consumer and service businesses. The transaction returns a meaningful majority of Fund II’s capital to investors while providing Mountaintop with committed capital and an extended investment horizon to support a nearly 600,000-square-foot manufacturing footprint, additional capacity expansion, and strategic M&A.

The Proskauer team was led by partners Chris Robinson and Galen Lewis and senior counsel Nicholas McCoy (Private Funds). It also included associates Sandile Magagula, Serge Charles, and Carol Wu (Private Funds); partner Kris Herrmann and associates Jack Morant, Robert Chiu, and Samantha Volpe (Private Equity Transactions/M&A); partner Jeremy Naylor, senior counsel Bowon Koh, and associates Julia Sullivan and Maggie Livingstone (Tax); and partners Nathan Schuur and Robert Sutton (Regulatory).

About Proskauer

Proskauer is an elite global law firm with more than 900 lawyers in key financial centers in the United States, Europe, South America, and Asia. Our clients include many of the world’s leading businesses, including asset managers, banks, listed corporations, and private companies. We have deep expertise in several of the fastest-growing and dynamic segments of the market, including sports, technology, life sciences, and health care. We represent hundreds of asset managers across a wide spectrum of sectors and strategies, including private equity, private credit, hedge, real assets, secondaries, and capital solutions.

Proskauer’s market-leading global secondaries team has provided in-depth advice on all aspects of the secondaries market since the inception of the industry. Long recognized as the top destination practice for secondaries buyers and secondaries fund formations, Proskauer’s expertise touches all aspects of the secondaries market. The firm acts on the most high-profile LP portfolio transactions and cutting-edge GP-led deals and represents a multitude of market participants including a range of buyers, sellers, GPs, lenders and lead and syndicate investors in continuation vehicles.