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First Bev Hiring Spree Continues; Adds SR Investment Banker; Deals

INSIGHTS Express:

First Bev Group has made a series of interesting hires this spring including former New Belgium exec JB Shireman, Nantucket Nectars founder Tom First and now investment banker Townsend Ziebold, who joins as managing partner.  Townsend, with over 25 yrs in investment banking, many of those with the late legendary Bruce Wasserstein, “has completed over $40 billion in mergers and acquisitions advisory assignments, and as a principal investor over 30 private equity investments.”  Townsend also served as non-exec chairman of Imax.   First Bev obviously gearing up for some deal-making in bevs and/or beer, so will be very interesting to watch its development.