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:
 
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
Drink a Classic Cocktail for a Good Cause During Negroni Week, June 24-30

Drink a Classic Cocktail for a Good Cause During Negroni Week, June 24-30

Negroni Week 2019 is June 24-30, so drink this classic cocktail for a good cause....read more ›

by The Drink Nation Jun 19, 2019
What to Do if Your Uber, Lyft, or Cab Driver Ever Strays From Your Destination or Makes You Feel in Danger

What to Do if Your Uber, Lyft, or Cab Driver Ever Strays From Your Destination or Makes You Feel in Danger

If you're taking an Uber, Lyft, or cab and feel unsafe, there are steps you can take to protect yourself....read more ›

by Nina Starner Jun 19, 2019
SPONSORED
Drink Nation Store Rectangle
Behind the Bar: Kat Corbo of The Study & Winner of Speed Rack 2019

Behind the Bar: Kat Corbo of The Study & Winner of Speed Rack 2019

This time on Behind the Bar, we spoke to Kat Corbo of The Study, who recently won Speed Rack 2019....read more ›

by The Drink Nation May 15, 2019
Where to Drink Outside in Baltimore During Summer 2019

Where to Drink Outside in Baltimore During Summer 2019

Whether it's on the waterfront with seafood and crushes or on a dog-friendly deck with whiskey, outdoor drinking is a staple in this city....read more ›

by Jennifer Waldera May 14, 2019
Boston Beer & Dogfish Head Have Merged in a $300 Million Deal

Boston Beer & Dogfish Head Have Merged in a $300 Million Deal

In a huge move for the American craft beer community, Boston Beer and Dogfish Head have agreed to a merger valued at $300 million dollars. ...read more ›

by The Drink Nation May 10, 2019
Welcome Warmer Weather & Sip These Spring Cocktails in Baltimore

Welcome Warmer Weather & Sip These Spring Cocktails in Baltimore

With snow and winter winds behind us, it’s time to step into spring. Is there any better way to put a spring in your step than with some seasonal si...read more ›

by Jennifer Waldera Apr 17, 2019
A New, High-End Blend of Jack Daniel's Whiskey is Now Available in the United States

A New, High-End Blend of Jack Daniel's Whiskey is Now Available in the United States

A new, high-end blend of Jack Daniel's whiskey, known as Jack Daniel's No. 27 Gold, which was previously only ...read more ›

by The Drink Nation Apr 15, 2019
Coopers' Craft Bourbon Is Now Available in 12 States With a New Barrel Reserve Expression

Coopers' Craft Bourbon Is Now Available in 12 States With a New Barrel Reserve Expression

Coopers' Craft Kentucky Straight Bourbon has debuted an entirely new label design, has expanded to more states...read more ›

by The Drink Nation Apr 3, 2019
Neighborhood Bar Crawl: Brewer's Hill

Neighborhood Bar Crawl: Brewer's Hill

Is there a better name for a place to bar hop in Baltimore than Brewer's Hill? Here's our guide to their best bars. ...read more ›

by Jennifer Waldera Apr 2, 2019
SPONSORED
View all Articles

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

Close