BeatBox Beverages
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BeatBox Beverages was acquired
Anheuser-Busch completed acquisition of an 85% stake (announced Dec 2025, completed Feb 27 2026); brand operating, site live ©2026.
Verified October 14, 2026
By SharkTank.news Editorial Team · Verified · How we fact-check
an innovative brand of box wine
Key facts
BeatBox Beverages appeared on Shark Tank Season 6 Episode 6, and made a deal with Mark Cuban ($1.0M for 33.3%). As of October 14, 2026 it has been acquired.
- Episode
- Season 6, Episode 6October 24, 2014
- Outcome
- Deal, $1.0M for 33.3%
- Shark
- Mark Cuban
- Status
- Acquired (verified October 14, 2026)
- Website
- beatboxbeverages.com
About BeatBox Beverages
BeatBox Beverages is an Austin, Texas, drinks company that sells ready-to-drink, fruit-flavored alcoholic punch in boxes, aimed at parties and group gatherings. Justin Fenchel, Aimy Steadman and Brad Schultz started it in 2011 as students at UT Austin. The founders pitched in Season 6, Episode 6, looking for $250,000 for 10% of the company, a $2.5 million valuation. Several sharks made offers, and the bidding ended with Mark Cuban agreeing to invest $1 million for a third of the business. Business Insider and Austin.com both reported the $1 million figure. Fenchel later said the deal closed after several months of due diligence, and company announcements have since described Cuban as an investor. The brand's pitch rests on packaging and occasion: a box built to be carried to a party and shared. The bigger chapter came more than a decade after the show. In 2025, Anheuser-Busch agreed to buy a majority stake in BeatBox and completed the purchase in early 2026, so this page lists the company as acquired. The brand continues to operate under its new owner, with a store locator on its website. How the sale affected Cuban's stake has not been reported. The bidding and the acquisition price are covered in the update below.
Shark Tank Deal
- Business Insider, Oct 2014 (opens in a new tab)
- Austin.com (opens in a new tab)
- Austin American-Statesman, Dec 5 2025 (opens in a new tab)
- Forbes (Oct 2022): Why BeatBox Wants The World To Be More Like A Music Festival (opens in a new tab)
- Austin Business Journal (Oct 25, 2014): Mark Cuban invests $1M in Austin startup (opens in a new tab)
After Shark Tank
BeatBox Beverages Shark Tank update: is it still in business?
BeatBox Beverages started in 2011 as a graduate business school project at the University of Texas at Austin, according to the Austin American-Statesman. Founders Justin Fenchel, Aimy Steadman and Brad Schultz built a brand of fruit-flavored "party punch" sold in boxes. They pitched in the Season 6 episode that aired October 24, 2014, asking for $250,000 for 10%. Business Insider's recap describes a fast round of offers: Barbara Corcoran offered $400,000 for 20%, Kevin O'Leary $200,000 for 20%, and Mark Cuban $600,000 for a third. Fenchel countered with $1 million for a third, and Cuban agreed. It was an unusually large check by the show's standards. The deal went through: CEO Justin Fenchel told Forbes in 2022 that it was followed by four months of due diligence, and later company releases describe Cuban as an investor. The bigger news came eleven years later. In December 2025, Anheuser-Busch announced it would buy 85% of BeatBox for about $490 million, as reported by the Statesman, adding it to its "Beyond Beer" portfolio with an option to buy the rest later. Anheuser-Busch said it completed the acquisition on February 27, 2026. Is BeatBox still in business? Yes. As of October 14, 2026, beatboxbeverages.com is live with a 2026 copyright and store locator, and the brand now operates as part of Anheuser-Busch. We have not confirmed how the acquisition affected Cuban's stake; that will be added if either party reports it.
Source: en.wikipedia.orgWhere to Buy
Visit WebsiteCompany Info
- Founded
- 2011
- Headquarters
- Austin, TX
- Status
- Acquired
Also pitched in Season 6, Episode 6