Dogfish Head Brewery Is the Latest Craft Brew to Go Corporate

by Nina Starner on Sep 29, 2015 in Beer

Dogfish Head Brewery announced today that they have sold a 15% stake to LNK Partners. The latter is a private equity company based out of New York who owns similar investments in companies like Au Bon Pain and Beachbody, and they will gain a seat on the board of directors at Dogfish as a result. Dogfish’s reported current goal is to be able to use LNK’s investment for enough growth to buy back that 15%, especially after their huge, recent expansion that ran them about $50 million.
 
The brewery itself, of course, will continue to be run by the Calagione family and Nick Benz, the current CEO, and LNK’s investment appears to be a simple financial assist to help a family-owned craft brewery expand as much as possible.

This is the sixth recent craft brewery acquisition by a larger company, and it’s clearly becoming a trend - if these small companies want to expand as effectively as possible, they’ll need some serious capital without having to sacrifice any of their quality. Luckily, it looks like not much will change at Dogfish, aside from hopefully wider distribution throughout the country.
 
Photo via Dogfish Head

Tags: Beer
Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
Taste a Slice of Chicago at Wyman's No. 5 in Denver

Taste a Slice of Chicago at Wyman's No. 5 in Denver

Modeled after the gritty taverns of Joliet, Illinois. ...read more ›

by Carrie Dow Nov 27, 2019
Rocker Spirits: Classic Spirits in Modern Glassware

Rocker Spirits: Classic Spirits in Modern Glassware

Their vodka, rum, and whiskey will stand up with the best of American spirits....read more ›

by Carrie Dow Nov 27, 2019
Bigsby's Folly Introduces Denver to the Wine Cottle

Bigsby's Folly Introduces Denver to the Wine Cottle

New World grapes with Old World appeal. ...read more ›

by Carrie Dow Oct 29, 2019
SPONSORED
Drink Nation Store Rectangle
Get in shape and drink beer at Denver's Brewery Boot Camp
by Carrie Dow Oct 10, 2019
Pabst Blue Ribbon Launches Blue Ribbon Whiskey in Select US Markets

Pabst Blue Ribbon Launches Blue Ribbon Whiskey in Select US Markets

PBR has launched their own whiskey. Let's keep an open mind and see what is inside this bottle....read more ›

by Carrie Dow Sep 24, 2019
The Master Sommelier Scandal is Now the Subject of a New Investigative Series

The Master Sommelier Scandal is Now the Subject of a New Investigative Series

There's a new investigative series about one of the biggest scandals to ever hit the wine world....read more ›

by The Drink Nation Sep 13, 2019
Explore a Newsworthy Social Hour at Courier Denver

Explore a Newsworthy Social Hour at Courier Denver

Anyone who loves tasty food paired with delicious drinks is welcome....read more ›

by Carrie Dow Sep 11, 2019
Places to Drink and Play in Denver
by Carrie Dow Aug 6, 2019
Using Peas to Make Gin Might Lead to More Environmentally Friendly Spirits, Studies Show

Using Peas to Make Gin Might Lead to More Environmentally Friendly Spirits, Studies Show

Scientists may have discovered a more environmentally friendly way to make one of the world's most popular spi...read more ›

by The Drink Nation Jul 23, 2019
Where You Can Rosé All Day in Denver

Where You Can Rosé All Day in Denver

You'll find plenty of rosé to keep you sippin' all summer long....read more ›

by Carrie Dow Jul 9, 2019
SPONSORED
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close