How these JPMorgan dealmakers spot the next drink craze before it hits your fridge

Ryan Lake and Stephen Rooney cover mid- and large-cap beverage companies in JPMorgan's investment bank.

JPMorgan

• Ryan Lake and Stephen Rooney lead JPMorgan's beverage banking business.
• Beverage M&A is expected to rebound, and they said big brands want to capitalize on the wellness boom.
• The bankers broke down where they turn to spot regional trends and the advice they're giving CEOs.

When Ryan Lake and Stephen Rooney scan a bar menu, they might spot a drink they once evaluated — or helped sell.