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Diligence, Structuring & Capital Raising: Growing Texas Brewing Co.Our client is a growing Texas-based brewery with a 17,000 barrels of annual production with over 3,000 points of distribution statewide. The company's revenue has grown from $2MM in 2018 to 10MM in 2021. The company is ranked among the top 10 in a statewide brewery ranking. In addition to its own products, the company has partnerships with other beverage makers to diversify its revenues and improve short-term cash flows. The company has raised nearly $10 million of equity since 2012 and has been growing consistently since. The company is preparing to raise its next round of growth equity from a broader pool of accredited investors through our platform. In addition the company's products are distributed in select supermarkets and big box like HEB, Target, Costco & Walmart. The company has also began contract brewing that makes up 65% its production. The company has a Taproom, a restaurant/ beer garden like hospitality business that host private events and customers and is responsible for $3-4MM of the company's revenues. We are forming an advisory and deal team to help vet and prepare this business for equity raise on our platform. We're seeking finance and operating professionals including supply chain, marketing, business development and packaging professionals with brewery and alcoholic beverages experience to join the team. We're also looking for industry executives who may have a network of accredited investors who know the industry and/or may be interested to access a private company investment opportunity. Please request to connect with this project if your background fits to explore joining the team. |