Deal merges two of Wyoming’s largest breweries to create top 100 craft breweries in the country
Denver, Colorado – GLC Advisors & Co. LLC (“GLC”), a leading independent investment banking advisory firm, recently announced that it has acted as exclusive financial advisor to Alpine, Wyoming-based Melvin Brewing Company. Based near Jackson Hole, Wyoming. The sale follows Melvin Brewing’s recent announcement in June to identify a strategic buyer or partner to support the company’s growth.
Melvin Brewing has been serving award-winning world-class beers since 2009. The brewery that started with a 20-gallon brewing system soon grew to a 3-barrel system and later in Alpine he opened a 30-barrel production site. Wyoming. The brewery won Small Brew Pub of the Year and Brewing Group of the Year at the 2015 and 2017 Great American Brew Festivals respectively. Currently, Melvin has established sales channels in his 27 states.
Roadhouse Brewery is an award-winning regional brewery with an ancillary brewpub, Roadhouse Pub & Eatery, in Jackson Hole, Wyoming. His two breweries, located just 35 miles apart, will produce 50,000 barrels in 2023. With continued demand and an injection of growth capital from Roadhouse, he expects the combined brewery to achieve production of over 80,000 barrels. Immediate upgrades include a state-of-the-art rotary canning line and expansion of the Melvin Tap Room in Alpine, Wyoming.
“The Rocky Mountain region has witnessed the growth and strength of the Melvin brand first-hand over the past decade and we are excited that through this combination, people in other countries will be able to further experience Melvin’s best-in-class liquid offerings. We are doing it,” said Michael Richter, Managing Director of GLC. “The acquisition of Melvin by Roadhouse Brewery Group will allow the Melvin brand to continue engaging with loyal customers and expand its reach to new customers, while allowing Roadhouse to more aggressively pursue its own brand expansion and growth goals. You will have the opportunity to pursue it.”
“GLC aims to retain and grow our staff, share our partnership and vision with Alpine towns, and leverage our efforts to find buyers with the experience and leadership to grow the Melvin brand and distribution platform. It helped,” said Zander. Droskey, Chairman of the Board of Directors of Melvin Brewery. “At Roadhouse, we believe we have found the perfect fit.”
Roadhouse’s acquisition of Melvin was finalized in late December 2022 with the support and partnership of GLC Advisors and adult beverage industry expert Ethan Stienstra, Founder and Chief Strategy Officer of Ahead Of The Curve Strategy. rice field. The merger of his two award-winning Wyoming breweries has placed the combined organization among the top 100 craft breweries in the nation.
###
About GLC Advisors & Co.
GLC Advisors & Co. is a leading independent investment bank that provides objective, senior level expertise for successful M&A financial advisory work. GLC’s Middle Market M&A mandate focuses on providing investment banking advisory services to clients, including his sell-side and buy-side M&A, financing and strategic advisory services. GLC professionals have led merger and acquisition transactions representing enterprise values in excess of $400 billion across numerous industries and sectors. Offices are located in New York, San Francisco, Los Angeles and Denver. For more information, please visit www.glca.com.
About Melvin Brewing Company
Born in 2009, Melvin Brewing had a three-barrel system, a hip-hop soundtrack, and dreams of world domination. Riding on the success of revolutionary beers such as 2×4 and Ch-Ch-Ch-Cherry Bomb, Melvin has become one of the country’s most award-winning breweries. After winning Small Brew Pub of the Year at the GABF in 2015, the brewery moved to a new bargain in Alpine Mothership, producing exponentially more beers to match the spectacular surroundings. Did. Embracing the chaos and riding the waves, Melvin continues to bring world-class liquids to world tours, creating unforgettable experiences along the way and adhering to the mantra “If your beer isn’t crazy, it’s not beer.” living below
About Roadhouse Brewery GroupBuilding on the two founders’ unique backgrounds as award-winning homebrewers and celebrated restaurateurs, Roadhouse Brewing Group draws inspiration from the impromptu dance between beer and food. increase. Its home base is in the iconic mountain town of Jackson Hole, fostering an independent spirit and affinity for the outdoors in his lifestyle. Roadhouse was named Best for the World™ B Corporation for the second year in a row, ranking in the top 5% of all B Corps in its size group worldwide for its sustainable business practices. Wild, curious, and passionate are always represented. It’s how the team approaches life and how it approaches beer.
