McMenamins Brewery (Corporate Location)

Pacific Northwest-based hospitality and brewpub chain McMenamins has launched the second phase of its investment drive as it seeks to raise as much as $15 million from accredited investors. Green Bay, Wisconsin-based Titletown Brewing is seeking a new owner or investors due to the COVID-19 pandemic hampering sales.

Looking to pay down short-term debt and jump start construction projects, Portland, Oregon-headquartered brewpub and hospitality chain McMenamins announced it is seeking to raise $20 million from private investors.

As the hospitality industry grapples with the impact of mandated closures of restaurants, bars, brewery taprooms and tasting rooms, craft breweries and brewpubs are beginning to announce staff layoffs and furloughs.