JPalmer Collective (JPC), an asset-based lending firm focused on supporting high-growth, women-led and natural products companies, closed a $2.5 million working capital facility for Rambler, a Texas-based sparkling mineral water brand. The facility will support Rambler’s continued national distribution expansion across new and existing retail markets.
The funding will provide Rambler with additional liquidity to support continued growth and expand its retail footprint across new and existing markets, including its expanding national distribution relationship with Acosta.
“Rambler has built something special, a brand that delivers both on taste and purpose,” Jennifer Palmer, founder and CEO of JPC, said. “Their commitment to sustainability, U.S. sourcing and giving back stood out immediately. With new distribution momentum we see a clear path for continued expansion and are excited to support the team as they scale.”
Jeff Trucksess, founder and CFO of Rambler Sparkling Water, added, “We’re excited to partner with JPalmer Collective as we continue building the Rambler platform nationally during a period of major evolution within the sparkling water category. As consumers increasingly shift toward higher-quality products with more flavor, substance, and functional benefits, we believe Rambler is uniquely positioned within the future of sparkling mineral water in America. Jennifer and her team understand what it takes to support high-growth CPG brands during periods of rapid expansion. They’ve been thoughtful, collaborative, and highly solutions-oriented throughout the process, and we’re confident JPalmer has the experience, flexibility and operational understanding to help support Rambler through its next stage of growth.”
