CDPQ Acquires Stake in Zevia

Paul, Weiss advised the Caisse de dépôt et placement du Québec (CDPQ) in its $200 million minority investment in Zevia, LLC, a U.S. company offering zero-calorie, naturally sweetened beverages in the U.S. and Canada. As part of the transaction, Zevia selected CDPQ to support its next development phase – citing CDPQ’s solid expertise in asset management, global reach and strong commitment to environmental, social and governance (ESG) values.

The Paul, Weiss team included corporate partner Sarah Stasny; tax partner Scott Sontag; executive compensation partner Lawrence Witdorchic; and intellectual property partner Charles Googe.