Congrats to Athletic Brewing Co. and CEO Bill Shufelt on their $50m equity financing raise with General Atlantic!
Jack Taylor’s Post
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Special Counsel (Litigation, Dispute Resolution & Insolvency); President of Ladies Insolvency Professionals (LIPS)
🚨 Valhalla Brewing and Lotus Beer Co Set to Be Liquidated: Impacts on the Craft Beer Industry 🍺 👉 Impact: Valhalla Brewing and its parent company, Lotus Beer Co, are being liquidated following a second meeting of creditors. The collapse has left a significant number of small, independent breweries owed tens of thousands of dollars, spotlighting ongoing challenges in the craft beer industry. 👉 Current Status: The administrators, Worrells, recommended winding up the business after no Deed of Company Arrangement (DOCA) was proposed. The company was found to be clearly insolvent, with nearly a million dollars owed to unsecured creditors and a further $440,000 owed to secured creditors. 👉 Industry Lessons: The liquidation underscores critical issues within the craft beer industry, including the risks associated with equity crowdfunding, the financial strain of beer distribution, and the tight cashflow conditions that breweries face. The reliance on post-sale payments and the impact on breweries like Seeker Brewing, who lost approximately $38,000, highlight the need for more secure financial practices in the industry. If your business is facing similar challenges, seeking early professional advice is crucial. Our team is here to provide the guidance you need to navigate financial distress effectively. #Insolvency #Liquidation #CraftBeer #ValhallaBrewing #BeerIndustry #EquityCrowdfunding
Valhalla Brewing To Be Liquidated; Multiple Indie Brewers Counting The Cost
craftypint.com
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Field CTO, Public Sector, MuleSoft at Salesforce • Award-winning C-suite problem solver and thought leader connecting company growth with government innovation
"In a 300-page document on [#OliveGarden]’s perceived failings, the hedge fund Starboard Value dedicated an entire section to the breadstick policy" https://lnkd.in/dajvEUrP
The Truth About Olive Garden’s “Unlimited“ Breadsticks Deal
mentalfloss.com
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Coopers holds about 5% of the Australian beer market, making them the largest independent brewer in the country with an annual production rate of 100 million bottles and 60 million cans of beer. This article offers a detailed look at how the brand has maintained family ownership in the face of takeover bids by industry giants. An encouraging story of how shareholders and family members come together to fight against big business, valuing heritage and brand identity over dividends. #familybusiness #takeover #independentbusiness
Why Australia’s oldest family-owned brewery knocked back $352 million takeover bid
forbes.com.au
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If you're looking for someone to really break down the inKind model and why it works for restaurants, our inKind CEO, Johann Moonesinghe, recently sat down with The Feed to speak to the evolution of the impact of providing capital to restaurateurs. 🎊 We just hit 2,000 restaurant partners in the App--try it out and treat yourself: https://lnkd.in/gxpXmayK #funding #restaurants #smallbusiness #investing https://lnkd.in/gDFhXmbs
126- Rethinking restaurant funding with Johann Moonesinghe of InKind by The Feed
podcasters.spotify.com
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Starting off Week 3 with a bang! It's Day 9 of 12 Days of Beverage Business Bylines to help you create a more profitable 2024. Today we address M&As or mergers and acquisitions. Why is this helpful for you to know about? This trend is something we will probably see more of in our industry in the near future. As craft beer businesses continue to be short on cash, low on foot traffic, stretched with inflation and interest rates, and finding it harder and harder to compete with other bev alc brands, the idea of joining forces with other brands or alignment with larger corporations is not so crazy anymore. Day 9: No Big Deal https://lnkd.in/g94gt2fy
Why Craft Brewery M&A's Have Lost Their Shock Value
https://www.porchdrinking.com
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Did you know? Investing in whiskey barrels offers distinct advantages over bottle collections or distilleries. As the core element of the whiskey ecosystem, barrels allow for aging and maturing, enhancing both value and quality. Explore the world of international whiskey investments with us and secure a unique, rewarding asset. 🥃📈 #WhiskeyInTheBarrel #InvestmentOpportunity #WhiskeyEconomy #PassiveInvesting #RealEstate
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Start Up terms using our developed #pizza analogy Often, a box of pizza 🍕 contains 8 slices of deliciousness. A is the custodian of the pizza and had paid N10,000 for it at the store (see this as the cost of obtaining the pizza). While the cost of pizza is N10,000, you cannot exactly put a monetary value on the satisfaction you get from chewing and digesting it. Mr A, as the original purchaser awarded himself with 2 slices for his hardwork, leaving 6 slices behind for whomever wants it - at this point, the worth of the pizza is determined by its #nominalvalue (in #companylaw this would refer to the value stated on your MemArt e.g One million #sharecapital). Mr B approaches A for a slice, and offers N50,000 for it. This would imply many things, one of which is that the 8 slices is "presumably" worth (50k x 8 = N40k) - call this a #valuationmethod With 1 slice, Mr B owns ⅛ of the entire Pizza Box If Mr C comes with an offer of N160k for 2 slices - this pushes the valuation of the Pizza box a notch higher (call this valuation increment). 🎯A #fundinground has a significant impact on a start up's valuation because the start up is perceived to have a higher value. Invariably, there are rights attached to the pizza slice, which could include: 1️⃣ The right to eat the slice 🍴 2️⃣ The right to sell the slice 💰 3️⃣ The right to hold on to the slice and do nothing with it 4️⃣ The right to trade with the slice (either lend it out or use it as a collateral for something else) - amongst other things. So, let's add a twist: Supposing the pizza was a match of 2 flavours - this implies we now have two categories of pizza slice holders. If you're for pepperoni 🍕 - you have limited rights If you're for chicken tikka 🍕 with buffalo sauce - you have more rights than the first category. Explaining #dilution The entire Pizza Box represents 100% just like the company total capital will always be 100%. A #fundinground typically leads to dilution for founders and existing #shareholders - in this case - Mr A, B and C If Mrs D comes with N800k for 4 slices - the valuation goes up a notch again, putting the value of 1 slice at N200k and the entire Pizza Box at N1.6m Using Mr B as an example, without anti-dilution provisions - it implies that his N50k can no longer be equivalent to 1 slice. The worth of the initial 50k will be calculated this way Price per pizza slice 🍕 = 200k 50k = ¼ His investment has now being diluted from 1 pizza slice to a quarter of a pizza. So what should Mr B, the initial pizza lover have done? Read our founder's post here and let us have your answer : https://lnkd.in/dKKbDi5u
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Are you ready to take your beer experience to the next level? Dive into the world of digital asset management and discover how it's reshaping the craft beer industry in Washington. Stay ahead of the curve and elevate your beer journey with the latest digital tools. 🍺 Washington Beer Blog https://lnkd.in/eY3hKitq #CraftBeer #DigitalAssetManagement #WashingtonBeer #BeerExperience
Understanding Digital Asset Management for Washington Beer Enthusiasts
washingtonbeerblog.com
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Why invest in whiskey barrels? Because it’s the only way to truly age and enhance this fine spirit, making it a unique and valuable asset. 🌟🥃 Skip the bottles and distilleries and invest at the heart of the whiskey industry. Learn more on our Youtube Channel! #WhiskeyCask #BarrelAging #InvestmentTips #RealEstate #PassiveInvesting
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When it comes to brewery incubators, the benefits to upstart breweries are straightforward. But what are the motivations of the breweries doing the incubating? For the Brewing Industry Guide, I talked to brands on both sides of the equation to learn what makes brewery incubators and accelerators work—or not. In addition to formal incubators like Pilot Project Brewing and communal brewing spaces like Rocky Mount Mills or District Brew Yards, small breweries are finding their own creative ways to offer incubator-like models without the extensive infrastructure:
Preparing to Launch: Brewery Incubators Are a Balancing Act
brewingindustryguide.com
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