Kombucha beverage brewer JuneShine, which counts celebrities like comedian Whitney Cummings and YouTube star Cody Ko among its investors, is exploring a sale with the help of a financial advisor, people familiar with the matter said on Friday. Investment bank Perella Weinberg Partners is advising San Diego-based JuneShine on a sale process that could value the alcoholic beverage maker at over $100 million, the sources said, cautioning that no deal is guaranteed. Launched in 2018 by Greg Serrao and Forrest Dein out of their garage in San Diego, JuneShine expects to generate around $40 million of revenue in 2023, the sources said.
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