InvestBev, a Chicago, IL-based non-public fairness agency which makes a speciality of enterprise and development investments within the grownup beverage business, obtained $50M facility from Victory Park Capital.
The power, which has the potential to upsize to $100 million sooner or later, will help InvestBev’s efforts to offer non-dilutive debt capital to whiskey manufacturers, distilleries, and asset managers backed by whiskey barrel collateral.
Based in 2015 by Brian Rosen, InvestBev helps beverage manufacturers at each stage of their development from incubation to acquisition. Companions obtain full-service help, together with development and acceleration technique, gross sales and advertising and marketing, retail distribution operations, insurance coverage, and capital, together with fairness and credit score lending.
The corporate just lately unified its affiliated entities – InvestBev, Sprout Beverage, Algoma Capital, and BevStrat – right into a single, full-service firm. With $200 million in belongings below administration and a separate $100 million in non-public credit score via InvestBev Non-public Credit score, the corporate presents full-service help for grownup beverage manufacturers throughout each stage of development – spanning incubation to acquisition.
Present portfolio corporations embody JuneShine, Ten to One Rum, Thomas Ashbourne Craft Spirits, and Cann Social Tonic.
FinSMEs
12/07/2024
