Fireman Capital Buys Controlling Interest in Cigar City Brewing

by Nina Starner on Mar 15, 2016 in Beer

Cigar City Brewing, an independent brewery based in Tampa, is selling controlling interest to Fireman Capital.
 
Fireman Capital, which is located in Boston, owns controlling shares in several other craft breweries (including Perrin Brewing and Oskar Blues). In fact, the breweries that fall under the Fireman Capital umbrella make up an organization of their own referred to as United Craft Brews LLC. This group is pretty powerful and was responsible for more than 320,000 barrels of beer produced in 2015 alone.

This news is a little surprising, however, considering that AB-InBev had signed an actual letter of intent with Cigar City’s founder Joey Redner, but the deal ended up falling through. Lucky for Fireman Capital, this purchase will just help them along their path to worldwide craft brewery domination.

Photo via Cigar City Brewing


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