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Craft Beer

First Beverage Group Acts as Financial Advisor to 21st Amendment Brewery and Funkwerks Brewing Company in Their New Partnership with Brooklyn Brewery

First Beverage Group: First Beverage Financial, the investment banking arm of First Beverage Group, announced that it acted as the exclusive financial advisor to both 21st  Amendment Brewery and Funkwerks Brewing Company in their new partnership with Brooklyn Brewery.  The partnership includes an expanded sales and marketing relationship and, as part of the agreements, Brooklyn […]

Brooklyn Teams with 21st Amendment, Funkwerks for Sales and Distribution Operation

Craft Business Daily: The Brooklyn Brewery has just announced that it’s teaming with California brewer 21st Amendment and Colorado’s Funkwerks Brewing Company to  launch a new sales and distribution platform effective January 1, 2018. The combined sales organization includes a field sales and key accounts team of 70 salespeople and 90 brand ambassadors covering 38 […]

First Beverage Group’s Townsend Ziebold: ‘It’s a Buyers Market’

Brewbound.com: By Chris Furnari After six consecutive years of double-digit growth (2010-2015) within the craft beer segment, and a three-year period of intense merger-and-acquisition activity (2014-2016), brewery multiples are beginning to normalize, according to First Beverage Group managing partner Townsend Ziebold. Ziebold, who broke down the current state of craft beer investment at the Brewbound […]

First Beverage Group Acts as Financial Advisor to to Brooklyn Brewery in its Sale of a Minority Interest to Kirin

First Beverage Group: First Beverage Financial, the investment banking arm of First Beverage Group, announced that it acted as the financial advisor to Brooklyn Brewery in its sale of a minority equity interest to Kirin Brewery.  Terms of the transaction were not disclosed.   The investment will allow Brooklyn to remain independently owned and operated by […]