Brewdog valued at $1bn following Stateside cash injection which could help aid US brand expansion
Self-styled ‘libertine craft brewery’ BrewDog has raised $100m from a US private equity firm in a move that could help contribute to the brand’s global expansion.
As reported by the Sunday Times, the cash injection from TSG Consumer Partners has given the independent Scottish company an enterprise valuation of £1bn.
In a message to investors, BrewDog said: “TSG has acquired approximately 22% of the company in a transaction where £100m in proceeds went into the company for continued expansion and the balance to create early shareholder equity,” adding: “The deal is designed to deliver long term capital with 10 Read full story ›
Source: The Drum
