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June 2015

First Beverage Raising Second Fund; VEB Likely Re-Investing First Beverage Ventures has exhausted its first fund and is now looking to raise a second. Started in April, 2013, First Beverage Ventures is the direct investment part of founder Bill Anderson’s First Beverage Group, which also does investment advising and consulting work. Tom First, one of the fund’s managing partners, confirmed today that […]

Brewbound Session: First Beverage’s Outlook on Craft M&A

Brewbound: The empire has sprung a leak. That was the first message First Beverage Group managing partner Townsend Ziebold had for a crowd of nearly 200 beer industry professionals at last week’s Brewbound Session business conference in Chicago. But the familiar narrative of a rapidly evolving beer landscape and the image of the “leaky bucket” […]

M&A Musical Chairs

Craft Business Daily: M&A activity inside the industry has never been higher and it’s not subsiding anytime soon. First Beverage Group’s Townsend Ziebold told the audience at Brewbound’s Chicago Session that he believes there will be a little less than 25 craft transactions in the next 18 months. You might be saying ‘that seems like […]

First Beverage Group Promotes JB Shireman to Director

First Beverage Group: Los Angeles, CA – June 8, 2015 – First Beverage Group is pleased to announce that it has promoted JB Shireman, formerly a vice president, to the position of director. Shireman works with the company’s investment banking arm, First Beverage Financial, and leads the company’s craft beer consulting practice. A long-time and […]