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May 2015

First Beverage Group Invests in Drizly

First Beverage Ventures, the private equity arm of First Beverage Group, has made an investment in Drizly, a technology company powering a superior shopping experience for beer, wine and liquor. First Beverage participated along with Polaris Partners and existing investors in a $13 million Series A financing. Drizly will use the proceeds to continue expansion […]

First Beverage Concludes Inaugural Blue Box Conference

First Beverage Group: First Beverage Group’s first annual beverage industry conference, Blue Box, took place May 17-19 at the St. Julien Hotel in Boulder, Colorado. The conference was attended by key influencers from the beverage industry and experts from the worlds of food, technology and branding. Blue Box brought together beverage industry leaders and emerging […]

Stella Drizly’s Top Beer Now

Beer Business Daily: Beer delivery app Drizly has been in the news often lately: Weeks ago, Wine & Spirits Wholesalers of America announced a minority stake and board position. And then this week, the company secured another $13 million in financing from a group of investors — including deal fixers and private equity company, First […]

First Beverage Group Joins Team Drizly

Wine & Spirits Daily: Alcohol delivery service Drizly has secured another $13 million in financing from a group of investors including private equity First Beverage Group. Polaris Partners was the primary investor and Suffolk Equity Partners, who participated in the $4.8 million seed financing in 2014,  also joined this round. With this most recent investment, […]

Here Comes the Money and “There Goes the Neighborhood”; Dealmaker Expects Lotsa Craft Deals

Beer Marketer’s Insights: Deal environment in craft – whether it’s acquisitions, private equity investments, ESOPs, roll-ups, you name it – will be “frothy” for another 2-3 yrs, predicted First Beverage founder Bill Anderson at Beer INSIGHTS Spring Conference yesterday.  (First Bev was advisor on several craft deals.)  May become even more intense over next 18-24 […]