Is the food and beverage funding freeze finally thawing? FABID’s Q1 2025 Report reveals a surprising rebound in deal size and investor appetite—just not where you might expect.
Ninety-five percent of bev-alc brand launches fail, according to Gustavo Aguirre, VP of brand innovation at investment firm InvestBev. Aguirre spoke during BevNET’s Spirits Sunday event in Marina del Rey, California. Aguirre was joined by GHJ advisory partner Maria Pearman and 5:30 Somewhere founder Dale LeFlam.
Light lager brand Montucky Cold Snacks is “a big anchor” within Gallo’s total beverage alcohol strategy moving forward, as the wine and spirits giant enters the beer category, Gallo EVP and general manager Britt West told Brewbound.
Spirits giant Sazerac announced today a “strategic partnership” with 818 Tequila, the brand founded by model and reality TV star Kendall Jenner.
Check out these news items, initially reported in the Brewbound Insider Newsletter April 13-15, including headlines from Constellation Brands, Anheuser-Busch InBev, Garage Beer and more.
Multi-state distribution platform/consolidator KEG 1 has inked a deal to acquire a “controlling equity” stake in Pine State Trading Co., the fourth-generation, family-owned New England distributor with operations in Maine and New Hampshire.
Another low ABV beer with an explicit target audience made an appearance on ABC’s Shark Tank and came out with an investment. Potentially. Beer Girl founder Caroline Renezeder Foulk pitched the three-year-old lager brand to a panel of investment “sharks,” and caught the attention of Uncle Nearest founder Fawn Weaver.
Hurray’s Girl Beer will soon have many more Connors to reject. Fans of the tongue-in-cheek, flavored-beer brand know that Connors are inexplicably persona non grata, and – thanks to a $5 million fundraise – Girl Beer is set to expand that messaging and its beer into the Midwest and Southeast, according to a press release.
Scottish craft brewery BrewDog is exploring a sale, Sky News reported over the weekend. The craft brewery’s board has reportedly hired restructuring firm AlixPartners to gauge interest from prospective buyers “with a quickfire deadline for indicative offers.”
The impending federal ban of hemp-derived THC products continues to loom over the emerging beverage category, but that isn’t deterring investors from capitalizing on the “generational opportunity” to get in, should the law change.
A “leading global beverage company” has made a $14 million strategic investment in InvestBev Capital’s flagship Fund V, the private equity firm announced today.
New funding could be a sign of optimism from the investor class as hemp-derived THC drinks await regulatory clarity.
While bev-alc is in flux, zero-proof partying is still in full swing with the announcement of a new multi-year partnership that brings Hiyo Social Tonics into Live Nation venues across the country.
Check out news items initially reported in the Brewbound Insider Newsletter November 20-26, including headlines from Rogue, Tilray, Molson Coors, Firestone Walker and more.
Craft brewery owners dreaming of selling their businesses in multi-million dollar deals are doing just that – dreaming, industry leaders said last week during a panel discussion about exiting the business at the Mass Brewers Guild annual conference.
Recess Drinks has closed a $30 million series B round led by CAVU and other repeat investors, according to CEO and founder Ben Witte.
Low-ABV IPA maker Dad Strength is poised to disrupt the beer category, according to recent investor and Shark Tank star Robert Herjavec.
