Brown Brothers Harriman Amends Westrock Coffee Stake Filing
Ticker: WEST · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1806347
| Field | Detail |
|---|---|
| Company | Westrock Coffee Co (WEST) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BBH Capital Partners updated their Westrock Coffee ownership filing, signaling a change in their stake.**
AI Summary
Brown Brothers Harriman & Co. and its associated entities, including BBH CAPITAL PARTNERS V, L.P. and BBH CPV WCC CO-INVESTMENT LLC, filed an amended SC 13G/A on January 26, 2024, for their holdings in Westrock Coffee Company. This amendment, triggered by an event on August 9, 2023, indicates a change in their beneficial ownership reporting, likely due to a decrease in their stake or a change in reporting requirements. For investors, this matters because it signals that a significant institutional investor has adjusted its position, which could reflect a shift in their outlook on Westrock Coffee's future performance or a strategic portfolio rebalancing.
Why It Matters
This filing indicates a change in a major institutional investor's reported ownership, which can influence market perception and potentially signal a shift in their confidence in Westrock Coffee Co.
Risk Assessment
Risk Level: low — This filing is an amendment to a passive ownership report and does not inherently indicate a high level of risk, but rather a change in reporting status.
Analyst Insight
An investor should monitor subsequent filings from Brown Brothers Harriman & Co. or other institutional investors to understand the full scope of their investment strategy regarding Westrock Coffee Company, as this filing alone doesn't detail the change in ownership percentage.
Key Players & Entities
- Brown Brothers Harriman & Co. (company) — filer of the SC 13G/A
- Westrock Coffee Company (company) — subject company of the filing
- BBH CAPITAL PARTNERS V, L.P. (company) — group member of the filing entity
- BBH CPV WCC CO-INVESTMENT LLC (company) — group member of the filing entity
- August 9, 2023 (date) — date of event requiring the filing
FAQ
Who filed this SC 13G/A amendment?
The SC 13G/A amendment was filed by Brown Brothers Harriman & Co., along with its group members including BBH CAPITAL PARTNERS V, L.P., BBH CAPITAL PARTNERS V-A, L.P., and BBH CPV WCC CO-INVESTMENT LLC, as well as several individuals like BRADLEY LANGER and JEFFREY B. MESKIN.
What company is the subject of this filing?
The subject company of this filing is Westrock Coffee Company, which has the CUSIP Number 96145W103 and trades under the class of securities 'Common Stock, $0.01 par value per share'.
When was the event that triggered this filing?
The date of the event which required the filing of this statement was August 9, 2023.
What type of filing is this, specifically regarding the rule it falls under?
This is an amendment to a Schedule 13G, filed pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934, as indicated by the checked box '☒ Rule 13d-1(d)'.
What is the CUSIP number for Westrock Coffee Company's securities mentioned in the filing?
The CUSIP number for Westrock Coffee Company's Common Stock, $0.01 par value per share, is 96145W103.
Filing Stats: 2,982 words · 12 min read · ~10 pages · Grade level 9.6 · Accepted 2024-01-26 09:02:25
Key Financial Figures
- $0.01 — pany (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
Filing Documents
- d896188dsc13ga.htm (SC 13G/A) — 165KB
- d896188dex991.htm (EX-99.1) — 15KB
- 0001193125-24-016206.txt ( ) — 183KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 26, 2024 BROWN BROTHERS HARRIMAN & CO. By: /s/ Jeffrey B. Meskin Name: Jeffrey B. Meskin Title: Partner BBH CAPITAL PARTNERS V, L.P. By: BBH Private Capital Management V, LLC, its general partner By: /s/ Jeffrey B. Meskin Name: Jeffrey B. Meskin Title: Partner of BBH & Co.; Managing Member of the General Partner BBH CAPITAL PARTNERS V-A, L.P. By: BBH Private Capital Management V, LLC, its general partner By: /s/ Jeffrey B. Meskin Name: Jeffrey B. Meskin Title: Partner of BBH & Co.; Managing Member of the General Partner BBH CPV WCC CO-INVESTMENT LLC By: BBH Private Capital Management V, LLC, its manager By: /s/ Jeffrey B. Meskin Name: Jeffrey B. Meskin Title: Partner of BBH & Co.; Managing Member of the General Partner Jeffrey B. Meskin By: /s/ Jeffrey B. Meskin Name: Jeffrey B. Meskin Title: Partner, BBH & Co.; Managing Member of the General Partner CUSIP No. 96145W103 Schedule 13G Page 17 of 18 Patrick Kruczek By: /s/ Patrick Kruczek Name: Patrick Kruczek Title: Principal, BBH & Co.; Managing Member of the General Partner JP Paquin By: /s/ JP Paquin Name: JP Paquin Title: Limited Partner, BBH & Co.; Managing Member of the General Partner Bradley Langer By: /s/ Bradley Langer Name: Bradley Langer Title: Partner, BBH & Co.; Managing Member of the General Partner Michael Boylan By: /s/ Michael Boylan Name: Michael Boylan Title: Principal, BBH & Co.; Managing Member of the General Partner CUSIP No. 96145W103 Schedule 13G Page 18 of 18 EXHIBIT INDEX Exhibit Number Title 99.1 Joint Filing Agreement