Straight Talk: Craft Beer and Strategies for Raising Capital
Bernkopf Goodman LLP moderated a panel of regional craft brewers and representatives of lenders/equity investors to discuss raising capital in the craft brewery industry.
Two regional craft brewers, Dan Lanigan of Lord Hobo Brewing and Ash Fischbein of Hobbs Tavern, shared their personal insights regarding the growing capital challenges facing brewers at different stages of their business.
Three distinct lenders, Bank of America/Merrill Lynch, MassDevelopment, and Valterra Partners spoke about how and why the lending/private equity industry has responded to those capital needs, including establishment of public programs providing economic development loans and grants.
